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

in #steem6 years ago (edited)

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/

Sort:  

Very nice graph

This is the time that most should be taking to LEARN about crypto, instead of just buying the top app on the AppStore. If they knew better they would clearly see this is just the Patient taking from the Impatient right now.

Agreed.

this post will be on the top

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 60699.39
ETH 2655.06
USDT 1.00
SBD 2.59