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Cryptos may outrun other asset classes over 2 yrs; be mindful of the risk

Cryptos have been big gainers in times of trouble. In that sense, cryptos are like gold; havens during uncertainty.

Topics
crytocurrencies | Bitcoin | Markets

Devangshu Datta  |  New Delhi 



Bitcoin
Since 2015, Bitcoin has a daily high-low range of over 5 per cent (as a percentage of average daily price).

Cryptocurrencies as an asset class gained through the pandemic. The two most popular cryptos (by trading volume, and also market-cap) are and Ethereum. Since January, has risen about 141 per cent, while Ethereum is up over 250 per cent. Both are at three-year highs.

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First Published: Fri, November 20 2020. 09:37 IST

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