Bitcoin is up 49% in 2019, and 74% from the bottom

23 Apr, 2019 | Updated: 23 Apr, 2019
by Jelmer van der Dussen
Bitcoin
Bitcoin is up 49% in 2019, and 74% from the bottom

If you decided to start the year 2019 with the purchase of Bitcoin, you have had a pretty impressive return on investment so far. With Bitcoin breaking $5500 today, the year-to-date growth of BTC is now 48,9%...

Bitcoin started the year at $3740 and is now trading for $5570. Most gains were made in the last month, with BTC jumping from $3975 to the current levels, a 40% growth.

The Bitcoin bottom in the current cyclus has so far been $3200 at December 16. Would you have bought BTC then (lucky you!), your ROI would now be 74%. Not bad at all for a 'bear market'.

Bitcoin jumped over $5500 on Tuesday, and according to most traders will now be marching on to the $6000s. With BTC leading the push, slowly but surely altcoins are now following too. Ethereum is valued at $176 now, gaining 3,5% in the last 24 hours. Ethereum started the year at $133,4, gaining 55% in 2019.

Ripple's XRP is not reaching to this latest push and is stuck at the $0.32 zone. Since the start of 2019, XRP lost 7% of its value.

Chart provided by Tradingview

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Read more about: Bitcoin (BTC)

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