As far as cryptocurrency markets are concerned the last six months of 2018 has been the exact opposite of the 2017 bull run last year. A great majority of digital assets have lost between 60-90 percent of their values since the beginning of the year. Today we’re going to look at which crypto-markets performed the best and then delve into the currencies that had the worst losses over the past six months.
Also Read: EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators
A Look at the Best and Worst Cryptocurrency Market Performances Between January 7 through July 24, 2018
A lot has happened this year as far as cryptocurrency markets are concerned, as most digital assets plummeted in value from their all-time highs during the last month of 2017. There has been a lot of losses in value and position shifts within the top cryptocurrency market capitalizations as well. We’re going to take a look at the first half of 2018 to see the kind of price performances these crypto-markets had this year by reflecting just on objective numbers and historical price data. The time frame used to calculate this year’s gains and losses was recorded between January 7 to July 25, 2018, or just under seven months.
Out of the top ten cryptocurrency valuations alone, BTC was the best performer this year.
The Top Ten Coins During the First Week of January Didn’t Perform so Well
On January 7, 2018, digital asset prices were very high as most coins who touched all-time highs in December were worth slightly less a month later. The top ten cryptocurrency market valuations at the time consisted of bitcoin core (BTC $17,131), ripple (XRP $3.19), ethereum
