The cult trio of cryptocurrencies is still popular among Polish individual investors

On July 14, 2023, Bitcoin strengthened its position most popular cryptocurrency on the eToro platform in the second quarter of 2023. The world's largest cryptocurrency has seen a revival in price movement, according to new data from the eToro investment platform. The three most important crypto assets on eToro, both in Poland and in the world - bitcoin, ethereum and cardano - remained in their positions.

Quarterly update eToro platforms shows no major change in positions in the top 2023 of the most popular cryptocurrencies in QXNUMX compared to QXNUMX XNUMX. However, it reflects the recovery in the bitcoin market, which helped cryptocurrencies consolidate at the topwhile others remained unchanged in QXNUMX. The first eight cryptocurrencies were in the same positions as before.

In the broader group, among the twenty most commonly held cryptoassets, the two cryptocurrencies with the largest position increase are Terra 2.0. and Litecoin.

Simon peters, Cryptocurrency Market Analyst at eToro, commented: Cryptocurrency market performance has undergone some significant changes over the past three months, but bitcoin has once again shown itself to be the most consistent of the big assets, consolidating its position as the largest cryptocurrency in the world. Bitcoin's market performance was largely positive while other major crypto-assets were treading water.

The market seems to be adjusting somewhat to the new dynamic with pullbacks in crypto holders like Flare, Songbird and Decentraland. It is unusual to see a split in behavior between the largest crypto asset bitcoin and others in the mainstream, but that has been the trend over the last three months. The movements, however, were gradual, which means that the position of the top ten remains unchanged compared to the previous quarter.

Table: The most popular crypto assets on eToro in Poland:

Source: eToro platform data, 00:00, July 1, 2023. Past performance is not an indicator of future performance.