The price of Bitcoin (BTC), which is currently $ 16,320, has been at or above this level for only 12 days in the coin’s 4,332 day history, which is only 0.28% of the cryptocurrency’s lifetime.

Analytics platform Crypto Messari released data stating that the closing price was only $ 16,320 for another 12 days, of which 10 occurred from December 7 to December 20, 2017, and the maximum close on December 16 was $ 19,378. Any investor who constantly buys $ 20,089 would lose 18.35%. In contrast, investors who bought on Dec.15, 2018, at the low of this cycle of $ 3,126, would rise 424%.

Among the other top 10 coins, only Chainlink (LINK) comes close to Bitcoin, with the coin staying above the current price of $ 12.70 for 2.7% of its life.

On the other hand, most altcoins have not entered relatively rare price ranges. The current price of Ether (ETH) of $ 464 was exceeded 201 days ago, which is over 10% of the total 1933 days since the Ethereum network launched.

The prices for XRP, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), Polkadot (DOT) and ADA Cardano range from 9.7% to over 30%. BCH exceeds all other currencies above the current price of $ 258 by at least a third of its life.

Bitcoin’s strong rally, which surpassed $ 16,000, also hit record volumes recently. With more than $ 5.5 billion in Bitcoin trading on November 5, there was a higher volume of trading in just nine days in Bitcoin’s history.

Compared to previous years today, investors saw returns of 88%, 2,275% and 4,326% and staggering 5,833,991% returns for the years 2019, 2016, 2013 and 2010 respectively.

In other words, a $ 1 investment in Bitcoin on November 13, 2010 would go up to $ 58,339 today.

Source: CoinTelegraph

LEAVE A REPLY