Cryptos: Bitcoin prices are kicking off 2020 just like they ended 2019 “” outperforming the stock market

  • Date: 15-Jan-2020
  • Source: MarketWatch
  • Sector:Financial Markets
  • Country:GCC
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Cryptos: Bitcoin prices are kicking off 2020 just like they ended 2019 “” outperforming the stock market

Bitcoin prices are kicking off 2020 just like they ended 2019 - outperforming the stock market. You would be wrong if you thought the broad index of stocks delivered a return better than the No. 1 digital asset in the world, and wrong again if you figured that the stock market's strong start to kick off 2020 is outperforming bitcoin's stellar start to January.. surged nearly 98% in 2019, as measured by futures traded on the CME Group Inc.. By another measure, bitcoin prices gained 7.5% on Tuesday and have advanced about 22% so far this year, according to CoinDesk .. returned 22.3% last year and 1.8% in January, while the Nasdaq Composite Index. To be sure, bitcoin is still down from its 2017 peak near $20,000, but bulls are starting to note the assets resilience after the initial fervor surrounding crypto-linked assets like bitcoin and old and new ethereum tokens. New ethereum tokens were up nearly 15% on Tuesday and have gained more than 28% in January, while classic ethereum, an older version of ether, was up 22% on the day and has returned more than 48% this year, according to data from the Kraken exchange.. The advent