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Bitcoin is the Second Best Performer in 2019 but is the Least Volatile of All Crypto-Assets



Bitcoin is the Second Best Performer in 2019 but is the Least Volatile of All Crypto-Assets

Bitcoin is the Second Best Performer in 2019 but is the Least Volatile of All Crypto-Assets

  • Bitcoin one of the best performers with Binance Coin leading the market
  • BTC is the least volatile coin of them all

The leading cryptocurrency is beating ‘em all!

Bitcoin is not only outperforming the traditional assets like gold, oil, and government bonds in 2019 but also remains the king of the cryptocurrency market.

When it comes to one-year returns, the leading cryptocurrency might register mere 4 percent returns but still is at the second spot due to the reason that other top cryptocurrencies have 1-year returns in the negative.

While BTC is at the second spot, Binance Coin (BNB), the native token of the largest cryptocurrency Binance is the winner with 100 percent gains. If we take a look at other cryptocurrencies, Chainlink is the winner with almost 300 percent gains.

As per the data provided by Messari, Chainlink is followed by Bitcoin SV (185%), Ravencoin (130%), Holo (100%), Enjin Coin (42%), Moeda Loyalty Points (28%), and Basic attention Token (24%). However, with over 98 percent losses, RChain is the biggest loser.

Currently, the flagship cryptocurrency is trading at $8,005 with 24 hours gains of 0.72 percent. In the past seven days, BTC/USD is down by 6.54 percent while in the green by over 32 percent in the past 30 days and up by 115 percent till date in 2019.

Bitcoin is the Least Volatile Crypto-asset

The cryptocurrency market is known for being an extremely volatile market, much more than the stock market.

Volatility is actually the amount of uncertainty or risk associated with the size of the change in an asset’s value. A higher volatility means the value of an asset is spread out over a large range of values, meaning its price can change dramatically over a short time period in either direction. On the other hand, lower volatility means the value doesn’t fluctuate dramatically and tends to be more steady. Speaking of being steady, take a look at this monster chart.

Among all the cryptocurrencies, Bitcoin is the most stable one as in the past one year, its volatility has been the least at 0.55.

BTC is followed by Monero (0.78), Zcash (0.79) Binance Coin (0.79), Ethereum (0.81), Decred (0.82), Dash (0.82), Litecoin (0.83), Bitcoin Gold (0.83), and Lisk (0.84). Meanwhile, PChain has the highest 1 year volatility at 5.13.

Bitcoin’s price is $7,859.43 BTC/USD exchange rate today. The real-time BTC market cap of $139.49 Billion currently ranks #1 with a chart dominance at 55.52%, daily trading volume of $4.17 Billion and live coin value change of BTC -3.21 in the last 24 hours.

Latest Bitcoin Price News and Analysis

Latest Bitcoin Price News and Analysis

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