The top cryptocurrencies for the week of September 14th
After last week’s relative collapse, bitcoin has comfortably clawed its way back up to the $6,500 mark over the past few days. Although we’re certainly in bear market territory by every measure, the big picture is far brighter.
Despite having lost 52% of its value since January 1st of this year, Bitcoin is still worth 77% more today than on September 14, 2017. While the past year has certainly been tumultuous, the leading blockchain asset is down less than 3% over the last three months. In other words, the many headlines that suggest the sky is falling can be misleading to say the least. It's simply a matter of perspective.
No matter which direction bitcoin is headed, it’s essential to understand that traders can make money in good times and bad. While the same can be said for stocks, commodities, and other asset classes, cryptocurrencies have one obvious advantage. Namely, you can use them today. There's more to bitcoin than just timing the market or hoping for the best.
Do you know how easy it is to play cryptocurrency poker right now? There are live bitcoin poker tournaments and cash games around the clock at Americas Cardroom. Not only do we welcome more than 60 different cryptos for your convenience, but all our games are denominated in US dollars so you don’t have to worry about wild market fluctuations while you play.
Here are the top five cryptos used at Americas Cardroom this past week:
4. Bitcoin Cash
5. Ether Classic
While Litecoin is the world’s 7th most valuable cryptocurrency by market cap, you shouldn’t be surprised to find it ranks much higher on our weekly list. When you consider that the cryptocurrency option is four times faster than Bitcoin and is also cheaper to use, it’s obvious why it’s so popular with our players.
Naturally, we don’t play favorites at Americas Cardroom. You can fund your account and claim your winnings using over 60 different cryptocurrency options. The choice is yours.
If you are new to Americas Cardroom and want to make your first crypto or bitcoin deposit, we’ll make it worth your while. For a limited time, you can receive our 3-part welcome package, which includes a 200% deposit bonus up to $1,000 just for crypto players.
You can find all the details here.