[Cryptography] Altcoins Performance Between Two Bitcoin Bull Runs
bit at ungeared.com
bit at ungeared.com
Sat Jan 16 19:45:31 EST 2021
We were curious to see how top altcoins performed between the two bitcoin
peaks (Dec 2017 & Jan 2021) in particular relative to bitcoin. So, to this
end, we published a small study
<https://ungeared.com/altcoins-squeezed-between-two-bitcoin-bull-markets-but
-one/> . The short answer - not very well. Most lost value not only against
bitcoin but against fiat as well. Some key findings:
1. BNB (Binance coin) the only one to outperform bitcoin
2. To our surprise, Zcash lost 99% of its value against bitcoin from
its high.
3. Ether hasn't done that well despite the recent clime.
4. Also, we introduced a NATHS score - Normalized All-time High Score,
curious if anyone finds it useful.
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