Bitcoin (BTC) conquered the world in 2021, reaching levels never seen before.
On Wednesday (17), the largest cryptocurrency in the market renewed, once again, its historical record surpassing the $ 52,540. That is, more than R $ 284 thousand in quotation in reais.
In the last 24 hours, the leading digital currency has appreciated by around 16%. In the year 2021, BTC accumulated an increase of approximately 70%.
However, although BTC has received great institutional support, such as Tesla (NASDAQ: TSLA) (SA: TSLA34) by Elon Musk, other cryptocurrencies in the market have also been standing out.
In fact, some of them are leaving Bitcoin “in the dust” in terms of appreciation, as Forbes pointed out.
On Thursday (18), the business magazine published an article listing the digital currencies that are surpassing Bitcoin.
Cryptocurrencies leave Bitcoin behind
As Forbes noted, BTC's dominance fell from 70% to 60% this year with the appreciation of other crypto assets.
One of them is Ethereum. The second largest cryptocurrency in the market registered a new historical record reaching US $ 1,924.56 (R $ 10,413).
Thus, since January 1st, ETH has risen 150%, adding gains of more than 500% in the last 12 months.
The rise of Ether coincides with the increase in interest in the decentralized finance market (DeFi). As the biggest DeFi projects are built on the Ethereum platform, the price of the cryptocurrency has skyrocketed with the entry of new users.
Other projects that have also surpassed BTC in 2021, so far, are Polkadot (DOT) and Cardano (ADA). Cryptocurrencies have risen 255% and 420%, respectively, since January 1.
This increase, according to Forbes, is the result of an increase in interest in these projects that have been considered possible competitors of Ethereum.
Another digital asset to appreciate more than Bitcoin in the year is Binance Coin (BNB). Binance's token has accumulated a 375% increase since the beginning of the year.
Forbes explained that the appreciation results from the concentration of merchants on the Binance platform, one of the largest in the world.
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