Favourite Investment Options : Bitcoin, Ether Alternatives

Many lesser known cryptos have become favorite investment options. The lead has been provided by Bitcoin and Ether. The third largest digital asset is now Cardano. There is added interest in Binance and Avalanche. Experts fail to identify the precise cause for the frenzy for crypto assets. Maybe, enhanced liquidity. There are powerful narratives around Cardano and Solana. The falling interest rates all over the world and returns the cryptos generated during lean times are the causes for buying cryptos. There is inflationary pressure too as markets reopen. The interest in alternatives to Bitcoin and Ether or altcoins is significant. Trading volumes have gone up. The Bloomberg Galaxy DeFi Index has gone up. Formerly stocks were bought as a hedge against inflation. These days cryptos too are a hedge against inflation.

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