HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

Cryptocurrency Rating – Top Cryptocurrencies 2024


The emergence of Cryptocurrencies and Crypto Market Capitalization has revolutionized the financial landscape, introducing a new class of digital assets that have captured the attention of investors, traders, and institutions alike. While the forex market has long been a cornerstone of global trading, the integration of cryptocurrencies into this market has created new opportunities, challenges, and dynamics. In our Cryptocurrency Rating and in the article below, we list and explore the convergence of cryptocurrencies and the forex market, examining the implications of this intersection for traders and the broader financial ecosystem.

# Cryptocurrency Price 24 hours 7 days Market Cap
1 BTC Information Bitcoin $50 963.35 0.06% -1.55% $1 000 727 210 193
2 ETH Information Ethereum $2 948.79 0.91% 6.24% $354 316 552 643
3 USDT Information Tether USDt $1.00 0% -0.05% $97 890 606 342
4 BNB Information BNB $380.45 0.8% 6.46% $56 894 312 153
5 SOL Information Solana $101.64 0.05% -7.08% $44 820 250 802
6 XRP Information XRP $0.54 1.61% -2.87% $29 508 924 799
7 USDC Information USDC $1.00 0.01% 0% $28 141 794 737
8 ADA Information Cardano $0.58 0.63% -0.68% $20 711 232 372
9 AVAX Information Avalanche $36.16 -0.03% -9.23% $13 637 132 520
10 DOGE Information Dogecoin $0.08 2.04% 0.35% $12 144 625 891
11 TRX Information TRON $0.14 -0.44% 1.96% $12 109 772 347
12 WTRX Information Wrapped TRON $0.14 -0.67% 2.2% $12 107 487 400
13 LINK Information Chainlink $18.38 3.43% -5.7% $10 792 874 506
14 STETH Information Lido stETH $2 941.39 -0.4% -3.32% $10 258 752 564
15 DOT Information Polkadot $7.73 6.01% 1.59% $10 040 066 763
16 MATIC Information Polygon $1.01 4.52% 7.35% $9 690 132 493
17 WBTC Information Wrapped Bitcoin $50 984.64 0.22% -1.57% $8 007 744 607
18 UNI Information Uniswap $12.28 73.92% 64.83% $7 342 750 691
19 TON Information Toncoin $2.10 1.65% -2.91% $7 291 027 919
20 ICP Information Internet Computer $12.28 -0.75% -6.54% $5 643 238 924
21 SHIB Information Shiba Inu $0.00 0.85% -2.02% $5 605 620 863
22 DAI Information Dai $1.00 -0.03% -0.02% $5 346 418 778
23 BCH Information Bitcoin Cash $266.01 2.08% -1.2% $5 227 163 804
24 LTC Information Litecoin $69.52 2.36% -1.01% $5 161 118 042
25 IMX Information Immutable $3.08 -2.27% 0.54% $4 277 686 326
26 FIL Information Filecoin $8.00 -1.2% 28.62% $4 114 001 820
27 ATOM Information Cosmos $10.39 6.93% 1.47% $4 028 832 372
28 LEO Information UNUS SED LEO $4.12 0.56% -0.2% $3 817 771 292
29 ETC Information Ethereum Classic $25.69 1.14% -2.65% $3 743 184 240
30 KAS Information Kaspa $0.16 -0.7% 0.4% $3 736 406 737
$1 797 134 694 941 Total Market Cap

Cryptocurrencies in the Forex Market: Opportunities and Challenges

In recent years, the forex market has witnessed a notable expansion with the inclusion of cryptocurrencies as tradable assets. The rise of digital currencies like Bitcoin, Ethereum, and others has introduced new dimensions of volatility, liquidity, and innovation to the already dynamic forex landscape. As traders increasingly explore the potential of trading crypto pairs alongside traditional currency pairs, it's essential to examine the opportunities and challenges that this integration presents.

Opportunities:

Challenges:

Trading Strategies:

Successfully trading crypto pairs requires a balanced approach that integrates both traditional forex strategies and cryptocurrency-specific tactics.

Risk Management: Due to the extreme volatility of cryptocurrencies, robust risk management strategies are essential. Traders should use appropriate position sizing, stop-loss orders, and risk-to-reward ratios to manage potential losses.

Adaptive Strategies: Crypto markets can experience rapid changes in trend and sentiment. Adaptive trading strategies that respond to shifting market conditions can be particularly effective.

The inclusion of cryptocurrencies in the forex market has opened up new avenues for traders seeking diverse opportunities. While the potential for profit is evident, it's crucial to approach trading crypto pairs with caution and a well-informed strategy. A thorough understanding of the unique dynamics and risks associated with cryptocurrencies, combined with a disciplined approach to trading, can position traders to make the most of this exciting and evolving market segment.

* Cryptocurrency Rating is based on the information provided by our partners. We accept no liability for any errors in the prices or market caps.


BTC/USD Forecasts

Pushing down crypto isn't easy
Pushing down crypto isn't easy

Buying on dips remains the dominant tactic in the crypto market. Capitalisation rose 1.8% in seven days to $1.65 trillion. Previously, the 'what doesn't rise, falls' formula was often applied to cryptocurrencies, however, recent attempts to sell off after a period of stabilisation have been met with increased buying.

5 Feb 2024

Crypto has retreated from the lows, but no rush for growth
Crypto has retreated from the lows, but no rush for growth

Crypto market capitalization at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on Friday. Bitcoin has added 3% in the same period and continues to be the driving force behind crypto volatility.

29 Jan 2024

Ethereum could end consolidation with a dip towards $2000
Ethereum could end consolidation with a dip towards $2000

Volatility in the cryptocurrency market remains subdued, keeping the capitalisation near $1.56 trillion for the third day. Meanwhile, Bitcoin remains around $40K, and Ethereum looks pegged to $2200...

26 Jan 2024

The Crypto Market Takes a Breath after the Storm
The Crypto Market Takes a Breath after the Storm

The crypto market saw lower volatility in the last 24 hours, with capitalisation at $1.56 trillion and the price of Bitcoin hovering around $40K. Major altcoins have also avoided strong moves...

25 Jan 2024

Global risk appetite pauses crypto sell-off
Global risk appetite pauses crypto sell-off

Bitcoin reversed to the upside on Tuesday afternoon. The price drop to $38.5K attracted buyers on the background of another update of all-time highs by leading US indices, which supported risk appetite...

24 Jan 2024

Crypto's decline looks more like a sell-off than a correction
Crypto's decline looks more like a sell-off than a correction

The crypto market lost over 5% in 24 hours, to $1.52 trillion. Bitcoin has remained under pressure since the start of the week after pausing in the sell-off on Saturday and Sunday...

23 Jan 2024

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.