The first and most famous cryptocurrency is Bitcoin. It has been on the initial coin offering list for quite some time. As the flag bearer and forerunner in blockchain technology, Bitcoin proved its case as a trustworthy, decentralized digital currency. Its large-scale adoption and huge market capitalization make it a benchmark against which other cryptocurrencies are compared.
The Bitcoin’s DeFi coin price has moved significantly due to market demand and regulatory news. Volatility notwithstanding, the established network and brand recognition will keep Bitcoin strong and at the top of many investors’ lists. However, as the Market matures further, it will spell difficult for Bitcoin to compete against more advanced, technologically go-ahead platforms like Arbitrum.
