Cardano, Bitcoin Lead Returns for Major Coins in 2023

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%.