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Cardano, Bitcoin Lead Returns for Major Coins in 2023

by BSCN

January 30, 2023

All of the top 5 biggest cryptocurrencies rallied in January 2023. Let's look at the performance of Bitcoin, Ethereum, BNB, Ripple and Cardano.

Bitcoin, Ethereum, BNB, Ripple, Cardano

Whether it’s a true turning point for the market, or a trap that’s ready to spring on investors, the month of January for cryptocurrencies has been -- dare we say -- bullish.

The top five major coins by market capitalization have all posted significantly positive returns so far this year. Let’s see how the five biggest (non-stablecoin) coins have performed in 2023, including Bitcoin, Ethereum, BNB, Ripple, and Cardano:

Top 5 Coins by Market Cap in January

1. Bitcoin

Name: Bitcoin
Symbol: $BTC
Market Cap: $447.6 billion
Jan. 1 Price: $16,625.51
Jan. 30 Price: $23,272.03
Increase: +39.98%

2. Ethereum

Name: Ethereum
Symbol: $ETH
Market Cap: $194.4 billion
Jan. 1 Price: $1,201.10
Jan. 30 Price: $1,592.62
Increase: +32.60%

3. BNB

Name: BNB
Symbol: $BNB
Market Cap: $48.8 billion
Jan. 1 Price: $244.15
Jan. 30 Price: $310.04
Increase: +26.99%

4. Ripple

Name: Ripple
Symbol: $XRP
Market Cap: $20.4 billion
Jan. 1 Price: $0.3388
Jan. 30 Price: $0.4021
Increase: +18.68%

5. Cardano

Name: Cardano
Symbol: $ADA
Market Cap: $13.3 billion
Jan. 1 Price: $0.2498
Jan. 30 Price: $0.3852
Increase: +54.20%

As you can see, Cardano has set the pace among the biggest crypto coins in 2023, with an increase in value of 54%. However, Bitcoin isn’t far behind with returns of 40%, while Ethereum has also done well at 33%.