[ad_1]
If you bought $ 100 bitcoin on December 3rd of last year, you sit on a "pile of money" worth $ 34. A similar story is with all the other best coins with an exception: the "bank" currency "XRP is the only one that has outperformed the fiat and with $ 100 invested, now you would have $ 137. It's not a big gain, but considering that rivals are down to 90% (looking at you BCH), it's more than pleasant for Ripple owners.
View post on imgur.com
As we know, December 2017 will be remembered by bitcoin owners as one of the most exciting times in the young history of BTC.
In mid-October 2017, the price of bitcoin was higher than $ 5000. Despite the expected closure of "Big Three" trade in China and a global crackdown on unregulated ICOs starting to take shape, the price of bitcoin was largely supported by a bullish sentiment that would set the stage for some of the amazing moves in store for November and December The highlight was the all-time high of $ 19,783.21 on December 17th.
Other altcoins also followed the example and most of them recorded their highs at any time around that date, a week or two before or after.
Bitcoin started this year at a maximum of $ 14,112, however, from the start of the year, it suffered a significant loss and is currently trading at $ 4,025 on Tuesday, according to the industry site CoinMarketCap.
Bitcoin rises two percent on a 24-hour basis.
Ripple (XRP) is a leading cross-border payment solution in the blockchain industry. The cryptocurrency did exceptionally well in 2017, surpassing both Bitcoin (BTC) and Ethereum (ETH). While, it may seem difficult for Ripple (XRP) to record such gains in 2018, it did it again this year.
In the last 365 days, the bitcoin has fallen by 65% while the XRP has increased by 41% compared to the USD. In direct head-to-head, XRP outperformed the bitcoin by an increase of 345% in the last year.
The worst performance of the year was the ever-frantic Bitcoin Cash, which recently suffered a hostile fork and split into two new currencies: BCHABC and BCHSV. Bitcoin Cash has lost 90% of its value compared to the same period last year. Now it is worth only $ 153, which is a huge drop from the absolute value of $ 4,329 on December 20 last year.
Join our Telegram channel
The writers and authors of CapitanAltcoin may or may not have a personal interest in any of the projects and activities mentioned. None of the contents on CaptainAltcoin is an investment advice, nor does it replace the advice of a certified financial planner.
The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
[ad_2]Source link
