The price of bitcoin declined for the year by 83%

With respect to the absolute maximum recorded exactly one year ago ($ 19,665), the rate of the first cryptocurrency sank by 83.5%.

Data: CoinGecko

At the same time, Bitcoin Cash and Ethereum cryptocurrencies sank in relation to their historical highs much more – by 97.9% and 94.1%, respectively.

Bitcoin currently leads among other cryptoactive assets in terms of trading volume ($ 1.9 billion). This figure is more than 10 times the daily trading volume of Bitcoin Cash ($ 146 million).

Note that the CoinMarketCap data is somewhat different from CoinGecko:

Also, according to CoinGecko, Ethereum almost does not lag behind Bitcoin in the number of exchanges, where the corresponding coins are represented. Moreover, Ethereum leads in the number of trading pairs.

Bitcoin – the first column of the table, Bcash – the second, Ethereum – the third

As you can see, Bitcoin Cash is much less liquid compared to its older competitors. It is represented on just 92 exchanges and is trading in 199 pairs.

In addition, Bitcoin Cash significantly lags behind Bitcoin and air in the degree of development activity:

Recall the other day the price of Bitcoin has once again updated the annual minimum . Also earlier BlockchainJournal published a review of long-term bitcoin price forecasts .

Subscribe to BlockchainJournal on Facebook !