Since the beginning of this year, Bitcoin has grown in price by 30% and outperformed traditional currencies, as well as stocks of world famous companies as for the yield, bitcoinist reports.
Immediately after the New year, 1 BTC costed 1000 USD and even more, but subsequent events could lead to a collapse of the digital currency, author of the material recalls. First of all, we are talking about the problems of Chinese exchanges in their dialogue with the authorities, as well as the possible hard fork of Bitcoin Unlimited.
Besides, Bitcoin price is seeing bigger gains than not only traditional currencies, but also stocks of Apple, Facebook, Google and Amazon.
However, bitcoin also has serious rivals - MoneyGram and Tesla with 50% and 41% stock price growth respectively.
It is noteworthy that Bitcoin does not rank first in terms of profitability among cryptocurrencies, higher positions are occupied by Dash and Ethereum.
