Looking Back on Crypto Prices in 2019

Asia Blockchain Review
January 12, 2020

Cryptocurrency prices fluctuated tremendously in 2019 as investors sought coins that would bring them the highest returns. While the leading cryptocurrencies have all performed well, each had its own journey in the past year.

Shining the Spotlight on Bitcoin and Ether

According to Cointelegraph, both Bitcoin and Ether saw remarkable price trajectories in 2019. While Bitcoin gained 282% in value for more than half a year, it also experienced a 10% drop on July 11 alone.

From January to June 2019, Bitcoin prices rose from US$3,400 to nearly US$13,000, also bringing the prices of other cryptocurrencies in the market up with heightened interest from investors. 

Meanwhile, Ether saw a rise of 139% during the first six months of 2019, while the coin experienced a 36% slump during a ten-day period in July.

Huge Gains for Luna Coin, Bitcoiin, and Seele

Other coins which saw strong growth included Luna Coin, Bitcoiin and Seele. From January to August 2019, Luna Coin saw minimal progress, with a surprising surge of 48,900% on August 19 — setting a record for the highest daily growth ever. On August 20, Luna coin went back to trading at its former prices while slowly gaining higher prices and successfully demonstrating a year-to-date growth of 25,000% at the year-end.

Bitcoiin or B2G, which is a fork of Bitcoin, saw massive growth in February 2019 with its prices increasing from US$0.02 to US$0.70 — translating into a 3,500% return for investors. 

Finally, Seele — an Ethereum-based token — proved itself to be one of the coins with the highest gains, its price growing twenty-sevenfold from US$0.005 to US$0.137.

Source: https://cointelegraph.com


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