The majority of cryptocurrencies took a recovery course in 2019.But things didn’t go as well for everyone.How the largest of the digital pieces did.
• Bitcoin has gained almost 90% in value
• The biggest loser of this year was Ripple
• Binance Coin and Tezos with course fireworks
Although cryptocurrencies are still viewed critically by some, they seem to be more and more established.With market capitalizations of several billion, digital currencies are a phenomenon that no one can turn a blind eye to.How did 2019 go for the biggest cryptocurrencies? Bitcoin with a sharp increase in value
For the king of cryptocurrencies, Bitcoin, the year 2019 went generally well.
During the year, the largest cryptocurrency by market capitalization gained more than 90% in value (as of December 19, 2019 at 5:30 p.m.) and returned to more than $ 7,000.
Bitcoin’s market capitalization is currently just under $ 130 billion.
Experts do not agree on how the coming year for Bitcoin will be.Above all, the issue of security and regulation of cryptocurrencies will continue to concern even the largest coin.Experts say the cut in half of bitcoin, which is slated for May next year and cuts the reward per bitcoin mined to 6.25 coins in half, is expected to lead to price movements and fluctuations.Ethereum a little deeper
Little has changed at Ethereum during the year.
The change in share prices by December 19 at 5:30 p.m.is 4% in the red.With a market capitalization of just under $ 14 billion, Ethereum is currently the second largest cryptocurrency of all time.Ethereum fans hope the Ethereum 2.0 update – also known as Serenity – will give them a new lease of life early next year.Ripple must have given up clearly, Tether unmoved
Things went wrong for Ripple in 2019.The coin, which has been relatively quiet in terms of communications recently, has lost 46% of its value.
With a market capitalization of $ 8.2 billion, the coin is still one of the very large in the cryptocurrency field.
Tether, on the other hand, hasn’t changed much this year.At $ 1, the coin is currently two cents lower than at the start of the year.
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Buying Bitcoin is quite complicated and time consuming.” Here you can easily buy and sell Bitcoin Bitcoin Cash and Litecoin with positive development
Bitcoin Cash and Litecoin are two cryptocurrencies that went well in 2019.Both gained about 30% in value on December 19, 2019 at 5:30 p.m.The hard fork of the most popular cryptocurrency is currently worth $ 188.Litecoin is currently trading at just under $ 40.
In the middle of the year, a Bitcoin expert predicted that Bitcoin would expand its market capitalization leadership to the point that the other Altcoins would become meaningless.Bitcoin Cash and Litecoin impressively demonstrate that this is not the case and that there is also potential in other altcoins.EOS moderately lost in value
EOS is still somewhat unknown among those interested in crypto.With a current market capitalization of $ 2.3 billion, the coin should also not go unnoticed.
In 2019, EOS lost around 4% of its value.Binance Coin is flying away
The Binance coin is skyrocketing.In terms of market capitalization, it only managed to rank eighth among the largest cryptocurrencies with $ 2 billion.Nevertheless, the Binance Coin is far ahead of Bitcoin, at least in terms of performance: this year, the Binance Coin was able to gain almost 120% in value as of December 19, 2019 at 5:30 p.m.
Bitcoin SV has barely changed
In contrast, Bitcoin SV, which was created last November as a Bitcoin spin-off, has changed little – it has grown by less than one percent.The SV in the name of the hard fork represents “Satoshis Vision”– the vision of the anonymous founder of Bitcoin.The spin-off aims to restore the original Bitcoin protocol.Tezos with an increase in value similar to a rocket
The largely unknown cryptocurrency Tezos has seen an increase similar to that of a rocket this year.A display of price fireworks with an increase of almost 220% outperforms the other ten largest cryptocurrencies in terms of performance.However, the price of Tezo is quite low – currently $ 1.49 (as of December 19, 2019, 5:30 p.m.) – so even small changes in value have a very large percentage effect.
It remains to be seen what the New Year will bring in terms of cryptocurrencies.The fact is: it remains exciting to see how the different parts will work.
Finanzen.ch editorial office
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