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The price of Bitcoin (BTC), which is currently $ 16,320, has been at this level or above for only 12 days in the coin’s entire 4,332-day history, accounting for just 0.28% of the cryptocurrency’s life.
Crypto analytics platform Messari has released data stating that the closing price exceeded $ 16,320 in just another 12 days, 10 of which occurred between December 7 and December 20, 2017, with the highest close occurring on the 16th. December at $ 19,378. Any investor who bought at an all-time high of $ 20,089 would still be down 18.35%. By contrast, investors who bought at this cycle’s low of $ 3,126 on December 15, 2018, would have risen 424%.
Of the other top 10 coins, only Chainlink (LINK) comes remotely close to Bitcoin with the coin sitting above the current price of $ 12.70 for 2.7% of its life.
Conversely, most altcoins have yet to enter proportionately rare price ranges. The current price of Ether (ETH) of $ 464 has been surpassed 201 days in the past, representing more than 10% of the full 1,933 days since the Ethereum network was released.
The prices of XRP, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), Polkadot (DOT) and Cardano (ADA) vary between 9.7% and over 30%. BCH outperforms all other coins that are above the current price of $ 258 for at least a third of its life.
Bitcoin’s sharp rise over $ 16,000 has also seen record volumes recently. With over $ 5.5 billion in Bitcoin trading volume recorded on November 5th, just nine days saw the strongest volume in Bitcoin’s history.
Compared to this day in previous years, investors have recorded profits of 88%, 2.275%, 4.326% and an impressive 5.833.991% for the years 2019, 2016, 2013 and 2010 respectively.
In other words, investing $ 1 in Bitcoin on November 13, 2010, would have risen to $ 58,339 today.
