Year in Review: Bitcoin Outperformed 40 of the Top 50 Cryptocurrencies in 2018

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It’s been a long year for many cryptocurrencies. After reaching a high of nearly $20,000 in December of 2017, Bitcoin dropped below $10,000 in early March and has yet to revisit that level. In the ongoing bear market, BTC has lost over 84% of its value, reaching a low for the year of $3,200. But Bitcoin’s precipitous plunge wasn’t the biggest in crypto.

XRP, for example, lost about 93% of its value in 2018. After much internet hype, multiple TV appearances and an abundance of rumors about partnerships, both confirmed and unconfirmed, the digital asset shot up to a staggering high of $3.38 in 2018. Since then, XRP has dropped to as low as $0.26 over the course of the year.

Ethereum, once on track to overtake Bitcoin in total market capitalization, slid in the opposite direction. After reaching an all-time high of just under $1,400 on January 13th, 11 months later Ethereum shed 94% of its value, touching a new yearly low of under $84 on December 15th. It has since increased to about $130, at time of publishing.

Overall, data from CoinMarketCap shows Bitcoin outperformed 40 cryptos in the top 50.

Bitcoin Outperformed 40 of the Top 50 Cryptos in 2018

Chainlink
Basic Attention Token
Dogecoin
Factom
Decred
0x
Stellar
EOS
Litecoin
XRP
Monero
Waves
Ethereum Classic
Digibyte
Aeternity
Zilliqa
Ethereum
Tron
Zcash
Iota
Tezos
Ontology
Dash
Omisego
Revain
BitShares
Bitcoin Gold
Lisk
Nem
Neo
Verge
Bitcoin Cash
Cardano
Siacoin
Nano
Qtum
Bytecoin
Icon
Bitcoin Diamond

10 Cryptos That Outperformed Bitcoin in 2018 (including stablecoins)

Bitcoin SV
Maker
Binance Coin
Aurora
VeChain
Gemini Dollar (Stablecoin)
Paxos (Stablecoin)
Tether (Stablecoin)
USD Coin (Stablecoin)
TrueUSD (Stablecoin)

Source: CoinMarketCap

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.




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