This year has been an amazing one for cryptocurrencies in general. As many of the world’s industries were dwindling as a result of the coronavirus pandemic, the cryptocurrency just got bigger every day. Unlike a couple of years ago, the market has changed significantly. Although the underlying blockchain technology is still being refined, there is still a lot of work to be done. While some digital assets did exceptionally well, others weren’t so lucky. Here are some of the biggest crypto winners and losers in the cryptocurrency world for the year 2020.

BTC (Bitcoin)

Although newer cryptocurrencies are being invented almost every other day, Bitcoin hasn’t gone out of fashion. Most pundits have said that its bull run in 2020 has been something from legend. Starting the year at around $9,500, Bitcoin has been on a crazy run. By the end of November 2020, the cryptocurrency shocked many as it hit $19,857, which represents a 177% increase.

ETH (Ethereum)

Ether has also been incredibly profitable crypto this year. With a market capitalization of $68,127B, Ethereum has shown critics that it’s a powerful contender all the same. Starting the year at about $125, this altcoin gained in value to about $600 at its peak this year, representing a 380 percent growth within one year. Unlike Bitcoin’s blockchain network.

LTC (Litecoin)

Litecoin is yet another favorite for 2020. Although it might not have had some bullish runs like its counterparts above, it’s still made some impressive moves in 2020. During the beginning of the year, the altcoin traded at around $35, a proper contrast from $85 it is at today.

XRP (Ripple)

Ripple is one of the biggest cryptocurrencies out there in terms of market capitalization. Its goals and concepts aren’t like others in this group. That’s because while these others lean largely to individual users, Ripple is more centered toward financial institutions.

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