December 2020 has come to an end and like each month the 100eyes team analyses what happened to Bitcoin and the altcoin market. In October Bitcoin gained 29.5%, in November Bitcoin gained 40.6%, and in December Bitcoin gained 49.2%! What an amazing way to end 2020!
In November altcoins could keep up with Bitcoin very well, but Bitcoin really pulled away from altcoins in December. While Bitcoin gained 49.2% in December, altcoins (on average) did not increase in dollar value (-0.55%). This means altcoin lost quite a lot in Satoshi value and Bitcoin dominance increased from 63% to 71%.
In the following chart you can see how November compared to the last twelve months of altcoin performance.
Also important: Total crypto marketcap reached an ATH as well: 777.514B! As shown in the chart below, total crypto marketcap is now higher than it was in January 2018.
The top 5 performers in December were $TFUEL (+233.60%), $THETA (+197.38%), $ZIL (+176.74%), $MITH (+138.78%), and $CHZ (+70.90%). Biggest losers were $SYS (-37.79%), $HC (-39.17%), $SNGLS (-39.37%), $AE (-40.30%), and $XRP (-66.02%).
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