Crypto v. Major Stocks YTD Performance (APPL, GOOG, MSFT, FB, AMZN, BTC, ETH, & XRP)
Index - https://steemit.com/tax/@alhofmeister/accounting-and-finance-blog-index
Introduction
In this post, I wanted to present two graphs. The first graph shows the total market capitalization of the 5 largest companies compared to BTC, ETH & XRP(demonstrating the growth potential and the relatively small market share of the largest cryptocurrencies). The second graph shows the year to date performance of each of the 5 companies and 3 cryptocurrencies (current market cap / market cap as of January 1). As demonstrated by the second graph, the top 5 stocks were significantly more stable and outperformed the crytocurrencies for a majority of the year. This will be another recurring article that tracks the performance of the aforementioned cryptocurrencies.
Market Capitialization
YTD Performance
References
https://www.zacks.com/stock/chart/AAPL/fundamental/market-cap
https://www.zacks.com/stock/chart/GOOG/fundamental/market-cap
https://www.zacks.com/stock/chart/MSFT/fundamental/market-cap
https://www.zacks.com/stock/chart/FB/fundamental/market-cap
https://www.zacks.com/stock/chart/AMZN/fundamental/market-cap
https://coinmarketcap.com/currencies/bitcoin/historical-data/
https://coinmarketcap.com/currencies/ethereum/historical-data/
https://coinmarketcap.com/currencies/ripple/historical-data/
@contentvoter
Ha ha, Crypto graph is literally dancing uncontrollably, but in my opinion this quarter the Crypto market will show positive or green trend signs and hope that the graph will move towards uptrend. Thanks for sharing this comparison graph with us and keep doing great work. Wishing you an great day. Stay blessed. 🙂
just keep rollin' with it