Bitcoin Enters Top 10 of China's Crypto Ranking for First Time
Main page News, Bitcoin, China

China Center for Information Industry Development (CCID) has just presented its 15th crypto rating.

According to the latest ranking, the largest cryptocurrency by market cap has climbed from position 11 to 9, entering the top 10 for the first time. It must be noted that EOS holds the first position.

iHodl has recently reported Weiss Ratings has downgraded the EOS project rating from "B" to "C-". According to the firm, it has decided to do so as a result of the excessive centralization of the project. 100 leading holders of EOS tokens, accounting for 0.01% of the total, control 68% of the vote.

In the second position of the ranking we can find ethereum, which has managed to bypass TRON.

Qtum, which jumped several positions in the previous version of the ranking, has now lost 6 positions, falling from the 8th to the 14th place.

Even though the CIID belongs to the Ministry of Industry and Information Technology of China, there is not any official link between the raking and the official position of the country's authorities.

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