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Bitcoin Enters Top 10 In China's New Cryptocurrency Rankings

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by , 08-24-2018 at 07:43 AM (760 Views)
          
   
Bitcoin (BTC) significantly improved its position when the Chinese government revised its official cryptocurrency rankings.

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Bitcoin, which had dropped to 16th place in July, jumped to No. 10 this month making it to the top 10 list for the first time.

China's Center for Information Industry Development (CCID), under the Ministry of Industry and Information Technology, released the second edition of its state-endorsed cryptocurrency and Blockchain ratings.

The index was launched in May, with 28 projects listed in it. Five more cryptocurrencies were added to the list since then. NULS and Tezos were added in the August edition.

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