Year in Review: Bitcoin Outperformed 40 of the Top 50 Cryptocurrencies in 2018

It’s been a long year for many cryptocurrencies. After reaching a high of nearly $20,000 in December of 2017, Bitcoin dropped below $10,000 in early March and has yet to revisit that level. In the ongoing bear market, BTC has lost over 84% of its value, reaching a low for the year of $3,200. But Bitcoin’s precipitous plunge wasn’t the biggest in crypto.

XRP, for example, lost about 93% of its value in 2018. After much internet hype, multiple TV appearances and an abundance of rumors about partnerships, both confirmed and unconfirmed, the digital asset shot up to a staggering high of $3.38 in 2018. Since then, XRP has dropped to as low as $0.26 over the course of the year.

Ethereum, once on track to overtake Bitcoin in total market capitalization, slid in the opposite direction. After reaching an all-time high of just under $1,400 on January 13th, 11 months later Ethereum shed 94% of its value, touching a new yearly low of under $84 on December 15th. It has since increased to about $130, at time of publishing.

Overall, data from CoinMarketCap shows Bitcoin outperformed 40 cryptos in the top 50.

Bitcoin Outperformed 40 of the Top 50 Cryptos in 2018

• Chainlink
• Basic Attention Token
• Dogecoin
• Factom
• Decred
• 0x
• Stellar
• EOS
• Litecoin
• XRP
• Monero
• Waves
• Ethereum Classic
• Digibyte
• Aeternity
• Zilliqa
• Ethereum
• Tron
• Zcash
• Iota
• Tezos
• Ontology
• Dash
• Omisego
• Revain
• BitShares
• Bitcoin Gold
• Lisk
• Nem
• Neo
• Verge
• Bitcoin Cash
• Cardano
• Siacoin
• Nano
• Qtum
• Bytecoin
• Icon
• Bitcoin Diamond

10 Cryptos That Outperformed Bitcoin in 2018 (including stablecoins)

• Bitcoin SV
• Maker
• Binance Coin
• Aurora
• VeChain
• Gemini Dollar (Stablecoin)
• Paxos (Stablecoin)
• Tether (Stablecoin)
• USD Coin (Stablecoin)
• TrueUSD (Stablecoin)

Source: CoinMarketCap