Bitcoin (BTC)
upheld its rank as the most-held crypto asset by retail traders in the second
quarter of 2023. This surge was contrary to the broader market’s trends, with
Bitcoin ‘s revival in price movement noted in the trading and investing
platform’s quarterly data.
According
to eToro’s newest report, the oldest cryptocurrency remained in the top
position among the most popular digital assets among the platform’s clientele. The
TOP10 most held positions remained constant from Q1 to Q2 2023, but the update
highlighted Bitcoin’s market broader rebound.
This shift
allowed the crypto asset to cement its dominance while other assets remained
relatively stable throughout Q2. Flare and TRON also performed better than
other tokens in the list
“Crypto asset
market performance has been through some significant shifts in 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 world’s largest crypto asset,” Simon
Peters, the Crypto Market Analyst at eToro, commented.
“Market
performance for Bitcoin has been largely positive while other major crypto
assets have tread water.”
