Cryptocurrencies are a hot commodity among investors. Bitcoin (BTC) was first traded back in 2009. At that time, you could buy one of the new digital tokens for less than a penny. Prices steadily rose – albeit with some volatility over the years – and in November 2021 BTC hit an all-time high of $68,990. The Ethereum network’s native Ether (ETH) token debuted in 2015 at $2.83, eventually advancing to its own all-time high of $4,865 in November 2021.
Cryptocurrencies are a hot topic with investors. Bitcoin (BTC) was first traded back in 2009 and has seen a steady increase in value. In November 2021, it reached an all-time high of $68,990. Ethereum (ETH) debuted in 2015 and reached an all-time high of $4,865 in November 2021.
Since the inception of Bitcoin and Ethereum, many other cryptocurrencies have been created. Litecoin (LTC) was created in October 2011 as a “fork” of Bitcoin, meaning its code was derived from Bitcoin. LTC is often referred to as “silver to Bitcoin’s gold.” It has a market capitalization of $5.8 billion and a price of $119.05 as of this writing. Ripple (XRP) is a payment protocol and cryptocurrency with a market capitalization of $19.6 billion and a price of $0.27 as of this writing.
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