Bitcoin Tops Mainstream market class in 2020 

Hey ninja’s, how’s the trading going? On the day the majority of top cryptocurrencies are reporting losses. The largest cryptocurrency bitcoin is down on the day by 3.6% and is trading at $9,633 at press time. Ethereum and XRP are also down 1.61% and 0.87% respectively. 

According to data shared via Twitter by the Head of Research and Managing Partner of Fundstrat Global Advisors, Thomas Lee, Bitcoin has gained 39% since the beginning of the year and has also outperformed every other mainstream asset by at least 19% so far.  

The 20-year-old US treasury came in second-best performing, reportedly gaining 21.1% year to date (YTD). Gold follows as Third-best performing asset with 12.5% and in the fourth position with 8.9% the US treasuries. In the fourth and fifth respectively Global government bonds and Nasdaq, reporting a significant increase of 1,8% and 1.7% respectively. 

The data posted also shows the thirteen top performances of 2019, Bitcoin is also at the top of this list with a 92% gain in the last 12 months. With 32% Nasdaq is ranked second, followed by S&P ranked in third with 28.9%, and the MSCI World Index ranked fifth with 25.2%.  

Don’t always forget to holla at Ninja Discord anytime to talk about cryptocurrency. You can as well check out our exclusive Ninja coin giveaways and Trading View analysis. 

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