1 year ago
CryptoSlate looked into Glassnode information representing year-to-date (YTD) reviews of starring assets and currencies and revealed that Bitcoin (BTC) performed amended than Ark Innovation ETF (ARKK), MicroStrategy Inc. (MSTR), and Coinbase Global Inc (COIN) successful 2022.
According to the data, BTC fell by 65.38% YTD, portion ARKK, MSTR, and COIN mislaid 67.79%, 74.64%, and 85.90% successful value, respectively.
YTD assets and currenciesDXY and Gold are the lone assets included successful this investigation that recorded an increase. Gold came retired +1.25% much invaluable YTD, portion DXY’s terms accrued by 7.55%.
British Pound (GBP) and Euro (EUR) besides ended the YTD play successful the negatives. In mid-September, GBP dropped to all-time lows against the U.S. dollar. GBP volatility soared truthful overmuch afterward that BTC became a more stable plus than the lb successful October. Ethereum (ETH) besides followed BTC’s downward inclination and recorded a 68.32% alteration YTD.
According to a caller report from Arcane Research, 2022 was the second-worst twelvemonth for BTC. Leading crypto fell by 65% successful 2022. The worst twelvemonth for BTC was inactive 2018, erstwhile the terms recorded a 73% decrease.
The station BTC performed amended than ARKK, MSTR, COIN contempt 65% autumn successful 2022 appeared archetypal connected CryptoSlate.
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