Independent rating agency Weiss Ratings conducted an investment analysis of 74 cryptocurrencies. Bitcoin, the most influential and famous cryptocurrency in the world, received a C + rating due to a high volatility, as well as problems with scalability, power consumption and control.
The highest rating, A, was not received by any cryptocurrency. Rating B was received by Ethereum, B- was given to Cardano and Neo, Bitcoin received only the C + rating, and Bitcoin Cash – C-. Rating D received Novacoin and Salus.
“Ratings A and B can be interpreted as recommendations for the investment. At the same time, investors should not worry too much about the C rating – it means that the asset can still bring good income, but has more issues than the other coins”, – experts Weiss specified.