Cryptocurrency has become a popular method of investment, but its volatility and lack of regulation has also attracted criticism. According to cryptocurrency experts, market leaders like bitcoin and Ethereum continue to attract interest at the current time.
David Weliver, founder of Money Under 30, told Express.co.uk: “The number of different cryptocurrencies continues to grow – last I checked the popular crypto trading platform Coinbase tracks close to 100 different currencies.
“The original cryptocurrency, bitcoin, is still something of a proxy for the entire crypto market and has a total market cap of nearly $1trillion as of September 1, 2021.
“The feature that makes bitcoin so intriguing as a currency replacement is the hard cap on bitcoin supply.
“By design, only 21 million bitcoins can ever be created. This creates scarcity that, in theory, will ensure bitcoin’s value indefinitely.
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“As the original crypto, bitcoin also draws the most regulatory attention, a critical factor in determining the future…
