The Bitcoin (BTC) selling price, which is currently sitting down at $16,320, has only been at this degree or larger for 12 times in the coin’s total 4,332-working day historical past, symbolizing just .28% of the cryptocurrency’s life.
Crypto analytics platform Messari released knowledge stating that the closing price tag had exceeded $16,320 only on 12 other times, 10 of which happened amongst Dec. 7 to Dec. 20, 2017, with the optimum close transpiring on Dec. 16 at $19,378. Any trader who acquired at the all-time higher of $20,089 would nevertheless be down 18.35%. In contrast, traders who bought at this cycle’s small of $3,126 on Dec. 15, 2018, would be up 424%.
Of the other leading 10 cash, only Chainlink (Link) will come remotely near to Bitcoin with the coin sitting earlier mentioned the present-day cost of $12.70 for 2.7% of its life.
By distinction, the vast majority of altcoins are however to enter proportionally uncommon rate ranges. Ether’s (ETH) latest value of $464 has been exceeded 201 times in the previous, representing a lot more than 10% of the full 1,933 times because the Ethereum community went are living.
XRP, Bitcoin Dollars (BCH), Litecoin (LTC), Binance Coin (BNB), Polkadot (DOT) and Cardano’s (ADA) prices all change amongst 9.7% and higher than 30%. BCH exceeds all other cash sitting down earlier mentioned the present-day price tag of $258 for at least 1-third of its everyday living.
Bitcoin’s sturdy increase previous $16,000 has also viewed report volumes not long ago. With additional than $5.5 billion in Bitcoin buying and selling volume recorded on Nov. 5, only 9 days have noticed much better quantity in Bitcoin’s history.
In contrast to this working day in previous decades, traders have witnessed gains of 88%, 2,275%, 4,326% and a staggering 5,833,991% for the a long time of 2019, 2016, 2013 and 2010, respectively.
In other phrases, investing $1 into Bitcoin on November 13, 2010, would have enhanced to $58,339 these days.