Crypto market update for January 2020 | 100eyes Crypto Scanner

What a start of the year!

The first month of 2020 has come to an end. The 100eyes team looks at how the crypto market performed in the past month. We will look at Bitcoin, altcoins, and some interesting averages.

Bitcoin climbed 30.59% this month and broke its daily downtrend channel, which is great! Altcoins also performed very well. On average altcoins gained 26.52% in USD value (calculation based on 160+ Binance coins). In total 81.48% of altcoins had a green month. What a great start of the year!

Showing the overall performance of the crypto and altcoin market over the past twelve months

Noticeable gainers this month were $DASH (+183.68%) , $XZC (+176.39%), $ETC (+151.83%), $ZEC (+143.14%), and $ICX (+130.21%). Biggest losers were $FTM (-15.25%), $DUSK (-16.33%), $COS (-18.00%), $COCOS (-18.38%), and $INS (-22.79%).

Showing the top gainers and losers of altcoin expressed in their BTC value

Let’s hope the crypto market will keep its momentum. Time to pull through now.

Did you know that there is a way to get an additional 20% discount on your Binance fees? Check out our Binance Fees Discount guide where we explain how to enable this on your account.