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    ESP Blockchain Journal
    Home»Noticias»Bitcoin was the most volatile and fast-growing cryptocurrency in June

    Bitcoin was the most volatile and fast-growing cryptocurrency in June

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    By BlockchainJournal on julio 1, 2019 Noticias
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    The Block researchers concluded that among the cryptocurrencies with a capitalization of more than $ 4 billion in June, bitcoin volatility was the highest.

    The diagram below shows that the indicator of the annularized volatility of BTC is slightly higher than that of the other six most popular digital currencies:

    At the same time, in June Bitcoin turned out to be the most growing of the most capitalized cryptoactive assets – during June the price of digital gold increased by almost 30%.

    However, since the beginning of the year, the return on investment in Litecoin has significantly exceeded the corresponding indicator of digital gold:

    This impressive LTC dynamic is most likely due to the approaching halving , which will halve the reward for the mined block, making digital silver an even more deficient asset.

    Earlier, analysts at Binance Research found that the profitability of investment in Bitcoin significantly exceeded the performance of traditional assets.

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