Crypto YTD Performance (BTC, ETH, XRP, Steem & SBD)

in #steem6 years ago

Index - https://steemit.com/tax/@alhofmeister/2dob8f-tax-blog-index

Introduction
In this post, I wanted to present two graphs. The first graph shows the total market capitalization of the 3 largest cryptocurrencies compared to Steem & SBD (demonstrating the growth potential and the relatively small market share of Steem & SBD). The second graph shows the year to date performance of each of the 5 cryptocurrencies (current market cap / market cap as of January 1). As demonstrated by the second graph, none of the currencies are above their January 1 level, but Ripple has significantly under performed compared to the rest of the group. Also note that Steem and SBD have been outperforming BTC and ETH. By examining the daily trading volume of SBD & Steem on 4/2, it becomes obvious that a pump and dump occurred. This will be another recurring article that tracks the performance of the aforementioned cryptocurrencies.

Market Capitialization

YTD Performance

References
https://coinmarketcap.com/currencies/bitcoin/historical-data/
https://coinmarketcap.com/currencies/ethereum/historical-data/
https://coinmarketcap.com/currencies/ripple/historical-data/
https://coinmarketcap.com/currencies/steem/historical-data/
https://coinmarketcap.com/currencies/steem-dollars/historical-data/

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Good job brother 👏👏👏👏👍👍

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin6827.790$1.03%-8.11%
ETHEthereum407.745$2.84%-0.05%
SBDSteem Dollars1.914$-0.13%-23.77%
STEEMSteem1.828$1.44%-10.14%
XRPRipple0.491$1.06%-9.19%

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 60526.80
ETH 2335.69
USDT 1.00
SBD 2.53