Cryptocurrency

Best Crypto Recovery for the Month

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The fall of 2018 saw the cryptocurrency market at the lowest levels. On December 15, the crypto market went down to $100 billion, that 88% from the peak of January. But somehow, it recovered around $130 billion by the end of the month at the same level it started.

Out of all the months, November was one of the worst months for the crypto market in 2018. Throughout December, Bitcoin lost 11% at $4000 while BTC plunged low below $3,200 mid-December. To sum it all up for Bitcoin this year, it’s lost over 80%.

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As for Ethereum, it did not gain much but managed to recover 24% in December. On the second spot is Ripple’s XRP, it recovered only 2% by the end of last month.

Bitcoin Cash has lost gains though and was down by over 5% and end trading at $163. The fifth spot goes to EOS who also lost out a lot in December with a 7% decline. It hit its lowest point on the 8th of December and ended the month lower than it started. As for XLM which performed better-than-most months has made a slow recovery of $0.093.

Litecoin remains the same till the end of the years as there was no loss or profit at $32. While from 2018, it recovered almost 40% off $23 and things remain static by the end of the month for them.

Bitcoin SV loss over 7% over the course of the year and made an impressive gain throughout the month.

Cardano neglected to get once again into the best ten despite picking up 7% throughout the month. Iota improved a 27% rise to end December at $0.366, yet Monero had a hopeless month dropping 17% to end it at $47.

Let’s hope something good for the crypto market this year over their profits!

Vishal Parmar

A realist, self-driven and persistent entrepreneur, Vishal Parmar is the CEO of VAP Group and the founder of CryptoNewsZ. At the helm of operations at one of the fastest-growing Blockchain and crypto websites in the world, Vishal found his first technology firm at the age of 19. Born with strong business acumen, he entered the blockchain and crypto space in 2015, when Bitcoin was estimated around $400. Apart from managing his various teams, the multifaceted Vishal likes to travel the world and explore various cuisines. He is available on LinkedIn, Twitter and Facebook. He can also be reached on [email protected] for all matters, published content or feedbacks related to CryptoNewsZ.

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