What brings income to crypto investors: which Altcoins have lost Bitcoin
More than half of BTC holders will make a profit if they sell the coin at the current price, but this is not the best result. In this article we will tell you which cryptocurrencies were better for investments, and which will bring users only losses.
Bitcoin
BTC cost a little more than $7200 at the beginning of the year. Since then, the cryptocurrency exchange rate has increased by 25%, to the current level of $9000. During this period, the price rose twice to $10,400 and fell to $3,800. According to our analytical service, now 11% of the current issue of Bitcoin is in the hands of large investors. These include users who hold at least 0.1% of the BTC in circulation, which is about 18.4 thousand coins.
Ethereum
Ethereum started trading at $130 in 2020. Its rate set a local maximum just above $280 in February. Then the price of the coin began to decline, fell to $86, and now it is fixed at the level of $220. At the moment, 46% of Altcoin holders will make a profit if they sell it at its current value. 50% of investors in this case will record a loss, the remaining 4% of users bought Ethereum at the current values.
Litecoin
Litecoin cost $41 on January 1. At the moment, the exchange rate of the coin has not changed much, and now it is at the same level. The price of Altcoin has grown to $80 and fallen to $24 since the beginning of the year. Litecoin holders have one of the worst positions among the leading cryptocurrencies in terms of capitalization. Only 20% of investors bought the coin cheaper than the current level. 3% of users are in the "neutral zone", and 77% will receive a loss if they sell the inventory of the asset at the current price.
Link
One of the best coins for investment was Chainlink (Link), which ranks 13th in the rating of cryptocurrencies by capitalization. Asset cost $1.8 at the beginning of the year. It was established historical maximum at $4,96 in February. In March, the exchange rate fell to $1.7, but on June 24, it again approached record values. At the current cost of $4.4, 88% of Link token investors can lock in a profit. 7% of users bought a coin near the current values. The number of holders who will receive a loss if they sell cryptocurrency stocks now is about 5%. At the same time, most of the Link issue is in the hands of large investors, the concentration index has reached 80%. The correlation index with Bitcoin, on the contrary, is low-24%.
More than half of BTC holders will make a profit if they sell the coin at the current price, but this is not the best result. In this article we will tell you which cryptocurrencies were better for investments, and which will bring users only losses.
Bitcoin
BTC cost a little more than $7200 at the beginning of the year. Since then, the cryptocurrency exchange rate has increased by 25%, to the current level of $9000. During this period, the price rose twice to $10,400 and fell to $3,800. According to our analytical service, now 11% of the current issue of Bitcoin is in the hands of large investors. These include users who hold at least 0.1% of the BTC in circulation, which is about 18.4 thousand coins.
Ethereum
Ethereum started trading at $130 in 2020. Its rate set a local maximum just above $280 in February. Then the price of the coin began to decline, fell to $86, and now it is fixed at the level of $220. At the moment, 46% of Altcoin holders will make a profit if they sell it at its current value. 50% of investors in this case will record a loss, the remaining 4% of users bought Ethereum at the current values.
Litecoin
Litecoin cost $41 on January 1. At the moment, the exchange rate of the coin has not changed much, and now it is at the same level. The price of Altcoin has grown to $80 and fallen to $24 since the beginning of the year. Litecoin holders have one of the worst positions among the leading cryptocurrencies in terms of capitalization. Only 20% of investors bought the coin cheaper than the current level. 3% of users are in the "neutral zone", and 77% will receive a loss if they sell the inventory of the asset at the current price.
Link
One of the best coins for investment was Chainlink (Link), which ranks 13th in the rating of cryptocurrencies by capitalization. Asset cost $1.8 at the beginning of the year. It was established historical maximum at $4,96 in February. In March, the exchange rate fell to $1.7, but on June 24, it again approached record values. At the current cost of $4.4, 88% of Link token investors can lock in a profit. 7% of users bought a coin near the current values. The number of holders who will receive a loss if they sell cryptocurrency stocks now is about 5%. At the same time, most of the Link issue is in the hands of large investors, the concentration index has reached 80%. The correlation index with Bitcoin, on the contrary, is low-24%.