2018 was a very bearish year for the cryptoasset industry. The market capitalization of the top-30 coins fell on average 78.85% in 2018.
Among the top 5 cryptoassets,
Bitcoin Cash saw the worst loss where its price fell by 93%. We have a section (pages 39-42) looking deeper into the Bitcoin Cash split that caused this massive fall in value.
Market dominance for Bitcoin went from 40% to above 55% by the end of the year. We also saw a stablecoin,
Tether ending the year as one of the top 10 cryptoasset by market capitalization, ending the year as the 7th largest cryptoasset.
ICO InsightsTowards the end of 2018, as the price of bitcoin and ether touched yearly lows, we saw ICOs struggling to raise funds.
Thanks for useful charts and information. Last year was indeed a pretty hard one. Unfortunately, 2019 doesn't look promising as well with the price not even managing to climb over $4k. And we used to think $6k was a bad price... I still believe in full recovery, but it might happen in a long time from now, so it won't matter much to those people who lost their money in 2018. I also find it interesting how ICOs almost follow the chart with bitcoin's price. I thought that perhaps with the main market being down people will invest more in ICOs, but that's not what happened. I hope that new projects and friendly regulations will strengthen the market and contribute to at least partial recovery by summer.