RATE Group | Report Suggests Bitcoin Is Still the Year’s Strongest Asset
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Report Suggests Bitcoin Is Still the Year’s Strongest Asset

Report Suggests Bitcoin Is Still the Year’s Strongest Asset

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Despite the recent turn of events, despite bitcoin once again falling into the $8,000 range, the currency is still 2019’s best performing asset according to a new report.

Bitcoin Is Still at the Top of Its Game

The currency shocked enthusiasts this April when it spiked to the $5,000 range. Many traders and investors thought that day would never come. After all, 2018 had been filled to the brim with humiliating losses that ultimately caused the coin to lose more than 70 percent of its overall value by the time November rolled around. After five months of trading at the mid $3,000-mark, bitcoin began to spike and ultimately rose 200 percent by the time summer came in.

Unfortunately, last week’s crypto bloodbath took a serious toll on bitcoin and all the remaining top 20 cryptocurrencies, with assets like bitcoin cash falling to $220 after trading for over $300 for some time. Other assets, like Ethereum and Litecoin, also experienced massive losses.

Still, however, it appears crypto…

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