TO 5 Cryptocurrency


 1. Bitcoin (BTC)

Market Cap: $458 billion

Bitcoin is the largest and most popular cryptocurrency by market cap and was created by Satoshi Nakamoto in 2009. It is a decentralized digital currency that has transferrable ownership. This cryptocurrency is mineable and has a maximum supply of ₿21,000,000.


2. Ethereum (ETH)

Market Cap: $216 billion

The closest second to Bitcoin is Ethereum, and its token which is called “Ether.” The Ethereum network is intended to replace traditional financial services firms like banks and brokerages by using decentralized applications, commonly called “DeFi,” for financial applications. Ether is the fuel that is required to run transactions on the Ethereum blockchain.


3. Tether (USDT)

Market Cap: $66 billion

The third largest coin at the time of writing is quite different from Ether and BTC because it is a centralized cryptocurrency. Tether is the largest stablecoin that attempts to tie its price to the US Dollar. Tether is commonly abbreviated USD₮ or USDT. This stablecoin is owned by iFinex, which owns the Bitfinex exchange.


4. USD Coin (USDC)

Market Cap: $54 billion

The second largest stablecoin is USD Coin, abbreviated to USDC. Similar to USDT, USDC is centralized and is backed by cash and US T-bills. Interestingly, you can view the underlying assets here, which consist of approximately 20% Cash and 80% short-duration T-bills. To learn more about Short Duration Products, check out the CMSA course on this topic.


5. Binance Coin (BNB)

Market Cap: $52 billion

BNB use to use the Ethereum blockchain but now instead uses the Binance blockchain. BNB was created in 2017 and has wide uses today. Most commonly, it is used for payments and transaction fees on Binance. Like many other coins, BNB is centralized

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