Major Cryptocurrencies against the US Dollar
A list of the major cryptocurrencies currently trading against the US Dollar.
Cryptocurrencies have become increasingly popular in recent years, and they are now widely accepted as a legitimate form of investment. With the rise of digital currencies, investors are constantly looking for new ways to capitalize on their potential returns. One of the most important factors to consider when investing in cryptocurrencies is their value relative to the US dollar (USD). On this page, you can take a closer look at the major cryptocurrencies v the USD and analyze the latest trends and market movements.
Cryptocurrencies are decentralized digital currencies that use cryptography to secure and verify transactions. They are not controlled by any central authority, which makes them immune to government interference and manipulation. Bitcoin was the first cryptocurrency, introduced in 2009, and since then, hundreds of new cryptocurrencies have emerged.
Major Cryptocurrencies v the USD
The value of cryptocurrencies is highly volatile and can fluctuate rapidly. Cryptocurrencies are generally traded against other cryptocurrencies or against fiat currencies like the US dollar (USD). The USD is the most widely used currency for cryptocurrency trading, and most major cryptocurrencies are paired with the USD on cryptocurrency exchanges.
The major cryptocurrencies v the USD are Bitcoin, Ethereum, Binance Coin, Dogecoin, Cardano, XRP, Polkadot, and Solana. Let’s take a closer look at each of these cryptocurrencies and their market movements.
Bitcoin (BTC)
Bitcoin is the first and most well-known cryptocurrency. It was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin is a decentralized digital currency that uses peer-to-peer technology to facilitate transactions. It is widely accepted as a legitimate form of payment and has a market capitalization of over $1 trillion.