The cryptocurrency market experienced positive momentum after the crypto market capitalization climbed 7% in the past 24 hours to surpass the 1 Trillion USD mark.
Therefore, this list is the top 5 cryptocurrencies that are the choice of investors as the crypto market is starting to recover.
Bitcoin
Bitcoin (BTC) is the world's largest secure and decentralized cryptocurrency. On record, BTC is now down more than 60% from its all-time high with most experts believing it will bounce back to its original price level.
Ethereum
Ethereum (ETH) is the second largest cryptocurrency by market capitalization. However, the value of the digital asset dropped by 50% during the crypto market crash.
Now, the price of ETH shows a very positive movement after the success of The Merge.
Polygon
Polygon derives value from the contributions it makes to the Web3 ecosystem. It is also understood that the platform allows companies to launch scalable decentralized applications.
Meanwhile, Polygon is also working with the NFL, Liverpool Football Club, Adobe and Meta to break the $1 mark.
Chainlink
Chainlink also like Polygon provides blockchain services and experts believe that the digital asset will make a surge in the near future due to having strong fundamentals.
BNB/Binance Coin
Binance Coin derives its value from the largest crypto exchange Binance founded by the world's richest crypto billionaire Changpeng Zhao (CZ) and the most important individual influencing the crypto ecosystem.
Currently, BNB is trading at the price level of $287.67 with a jump of 5% in the last 24 hours.
