Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019
As far as prices are concerned, 2019s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency markets biggest gainers and worst losers so far in 2019 to get some perspective of possible outcomes and historical trends as the year ends.
The Biggest Percentage Changes in Crypto so Far
Theres one more month left in 2019, and digital currency fans are curious about how markets will finish at the years end. So far, most cryptocurrencies did well this year and outperformed most traditional financial investments. For instance, as far as percentage changes over the course of one year in USD, six out of the 10 largest market valuations are up in value. Bitcoin core (BTC) is up 77% during the one-year period, and ethereum (ETH) is up over 27%. BTC and ETH are followed by BCH (25%), LTC (36%), BNB (190%), and BSV (1.5%) which are all up this year as well. 2019s top ten losers includes XRP which is down -40%, EOS (-5%), and XLM (-64%). Still, BTC is down 63% from its all-time high (ATH) and ETH is down 89% from the coins ATH. Nearly every top 10 crypto is roughly two years away from its ATH, but BNB and BSV are only five months away from their price highs.
The 10 largest crypto market valuations biggest losers include XRP, XLM, and EOS.
The top percentage gainers of 2019 have not existed as long as most coins that are more than a year old or older. So cryptocurrencies like luna coin (LUNA), omnitude (ECOM), and morpheus (MRPH) are all up 5,000% or more. Cryptos that have been around for more than a year indicate that tierion (TNT) is the highest gainer with 318% followed by binance coin (BNB) seeing a 190% gain this year. Regardless of the recent price slump, more than two-thirds of the entire cryptoconomy has done well this year.
BTC is up 77% so far this year and historically every December since 2015, the crypto has rallied 30% or more.
Other digital currencies with n ...