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How is the mainstream currency market in 2020 Taking stock of t

Date:2024-04-29 19:15:06 Channel:Build Read:
2020 is a year that carries countless twists and changes in the development of the digital currency market. From Bitcoin to Ethereum, from DeFi to NFT, the mainstream currency market has experienced many challenges and opportunities this year. This article will take an in-depth inventory of the development of the mainstream currency market in 2020 and reveal the key events and trends.
In 2020, Bitcoin has been the focus of the mainstream currency market. Bitcoin has experienced one shock after another this year, from bear market to bull market, and market sentiment has been high and low at times. Especially after the outbreak of the new crown epidemic, the price of Bitcoin plummeted for a time, but then rebounded quickly. This series of fluctuations has triggered heated discussions in the market about the long-term investment value of Bitcoin.
In addition to Bitcoin, Ethereum has also shown strong development momentum in 2020. As the leader of smart contract platforms, Ethereum has attracted a large number of developers and projects to join. The rise of the DeFi concept has promoted the prosperity of the Ethereum ecosystem, and various decentralized financial applications have sprung up. In 2020, the popularity of DeFi projects is unprecedented, attracting a large influx of funds and users.
NFT (Non-Fungible Token), as the new darling in 2020, has also set off a craze in the mainstream currency market. The concept of NFT gives digital assets a unique identity, attracting creators from various fields such as artists, musicians, and sports stars to join it. The popularity of the NFT market is beyond imagination, and a piece of digital art can even fetch sky-high prices, triggering people's endless imagination about the future of digital assets.
In 2020, the development of the mainstream currency market is inseparable from the impact of the global macroeconomic environment. With the large-scale money printing and negative interest rate policies implemented by global central banks, people's confidence in the traditional financial system continues to decline, and digital currency has attracted much attention as a new type of asset. Bitcoin is known as "digital gold" and has been favored by institutional investors this year. Investors of various institutional levels have invested in Bitcoin, providing support for the steady growth of its value.
In 2020, the development of the mainstream currency market also faces some challenges and controversies. Issues such as Bitcoin's energy consumption issues, Ethereum network congestion and soaring handling fees, and security risks in DeFi projects continue to surface, triggering concerns among the market and regulators. How to solve these problems while maintaining innovation has become an important issue in the development of the mainstream currency market.
In general, 2020 is a critical year for the development of the mainstream currency market, with Bitcoin, Ethereum, DeFi, NFT and other fields showing vigorous vitality. As blockchain technology continues to mature and market participants continue to increase, the future development prospects of the mainstream currency market are still full of unlimited possibilities. The mainstream currency market in 2020 has left many evocative stories and painted a bright prospect for the future digital currency world. May we overcome obstacles and move forward together in this digital currency world full of opportunities and challenges.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Before answering this question, the editor of the currency circle will first talk to you about mainstream coins. Mainstream coins are the coins with the top market value on the exchange. Mainstream coins have generally experienced the witness of history. In layman’s terms, mainstream coins It is a digital currency recognized by the mainstream of the currency circle, which means that most people know this currency and recognize its value. After understanding the mainstream currencies, let’s get back to the topic. How will the market of mainstream currencies be like in 2020? Below, the editor of the currency circle will give you an inventory of the mainstream currency market in 2020.

 What is the market situation of mainstream currencies in 2020?

1.BTC-Bitcoin

The highest price of Bitcoin in 24 hours was 11,141.11 US dollars, and the lowest price in 24 hours was 10,825.12 US dollars. The increase in 24 hours was 1.47%, the increase in the past 7 days was 7.76%, the decrease in the past 30 days was 6.95%, the increase this year was 52.86%, and the highest price in history was 20,089 US dollars. The lowest in history is US$65.5260, with a return on investment of 4.4399 million times.

2.ETH-Ethereum

The highest price of Ethereum in 24 hours was US$386.21, and the lowest price in 24 hours was US$376.16. It increased by 0.05% in 24 hours, increased by 4.36% in the past 7 days, and fell by 8.34% in the past 30 days. It has increased by 194.45% this year, and the highest price in history is US$1,432.88. The all-time low is $0.4208, with a return on investment of 1249.42 times.

3.USDT-Tether

The highest price of Tether in 24 hours was US$1.0013, the lowest price in 24 hours was US$0.9997, a decrease of 0.04% in 24 hours, a decrease of 0.14% in the past 7 days, a decrease of 0.07% in the past 30 days, an increase of 0.03% this year, and the highest price in history is US$1.1059. The all-time low is $0.9251, with a return on investment of 0.02 times.

4.XRP-Ripple

The highest price of Ripple in 24 hours was US$0.2538, and the lowest price in 24 hours was US$0.2464, with an increase of 0.09% in 24 hours, an increase of 4.65% in the past 7 days, a decrease of 16.62% in the past 30 days, an increase of 30.79% this year, and the highest price in history of US$3.8419. The historical low is 0.002802 US dollars, and the return on investment is 4186 times.

5.DOT-polka currency

The highest price of Polkadot in 24 hours was US$5.2757, and the lowest price in 24 hours was US$5.1001. The increase was 2.27% in 24 hours, the increase was 11.15% in the past 7 days, and the decrease was 98.71% in the past 30 days. The highest price in history was US$444.82, and the lowest price in history was US$1.6719. The return on investment is 1309.95 times.

6.BNB-coin

The highest price of Binance Coin in 24 hours was 27.9427 US dollars, and the lowest price in 24 hours was 26.6796 US dollars. It fell by 1.58% in 24 hours, increased by 0.49% in the past 7 days, and increased by 20.17% in the past 30 days. It has increased by 98.62% this year, and the highest price in history is 39.5665 US dollars. , a record low of $0.96109, with a return on investment of 18,210 times.

7.ADA-ADA Coin

The highest price of ADA coin in 24 hours was US$0.092994, the lowest price in 24 hours was US$0.089877, a drop of 0.06% in 24 hours, a drop of 3.36% in the past 7 days, a drop of 32.23% in the past 30 days, an increase of 178.08% this year, and the highest price in history is US$1.3272 , a record low of $0.017354, with a return on investment of 3457 times.

8.BCH-Bitcoin Cash

The highest price of Bitcoin Cash in 24 hours was US$11,141.11, and the lowest price in 24 hours was US$10,825.12. It fell by 0.25% in 24 hours, increased by 4.78% in the past 7 days, and fell by 22.98% in the past 30 days. It has increased by 13.32% this year, and the highest price in history is US$4,355.62. The historical low is 75.0753 US dollars, and the return on investment is -57.73 times.

9.LTC-Litecoin

The highest price of Litecoin in 24 hours was 48.8329 US dollars, and the lowest price in 24 hours was 47.5713 US dollars. It increased by 0.43% in 24 hours, fell by 0.29% in the past 7 days, and fell by 25.43% in the past 30 days. It has increased by 16.04% this year, and the highest price in history is 375.28 US dollars. The historical low is 1.1137 US dollars, and the return on investment is 1035 times.

10.BSV-Bitcoin SV

Bitcoin SV
The highest price in 24 hours was US$163.38, the lowest price in 24 hours was US$160.84, a decrease of 0.81% in 24 hours, a decrease of 2.02% in the past 7 days, a decrease of 26.3% in the past 30 days, an increase of 71.61% this year, the highest price in history, US$445.82, and the lowest price in history. 36.8696 US dollars, a return on investment of 83.46 times.

Through the above introduction, I believe everyone has an understanding of the market situation of mainstream currencies in 2020. In fact, no matter whether investors choose mainstream currencies to trade, they need to choose a formal and reliable exchange. Only in this way, investors will not lose money in the mainstream currencies. Sometimes, exchanges run away, causing investors to lose all their money even if they invest correctly. If you want to know more relevant knowledge, you can follow the currency circle. The editor of the currency circle will continue to update relevant reports in the future!

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