BTC performed better than ARKK, MSTR, COIN despite 65% fall in 2022

CryptoSlate regarded into Glassnode information representing year-to-date (YTD) critiques of main property and currencies and revealed that Bitcoin (BTC) carried out higher than Ark Innovation ETF (ARKK), MicroStrategy Inc. (MSTR), and Coinbase World Inc (COIN) in 2022.

In response to the info, BTC fell by 65.38% YTD, whereas ARKK, MSTR, and COIN misplaced 67.79%, 74.64%, and 85.90% in worth, respectively.

YTD assets and currencies
YTD property and currencies

DXY and Gold are the one property included on this evaluation that recorded a rise. Gold got here out +1.25% extra helpful YTD, whereas DXY’s worth elevated by 7.55%.

British Pound (GBP) and Euro (EUR) additionally ended the YTD interval within the negatives. In mid-September, GBP dropped to all-time lows in opposition to the U.S. greenback. GBP volatility soared a lot afterward that BTC turned a more stable asset than the pound in October. Ethereum (ETH) additionally adopted BTC’s downward pattern and recorded a 68.32% lower YTD.

In response to a latest report from Arcane Analysis, 2022 was the second-worst 12 months for BTC. Main crypto fell by 65% in 2022. The worst 12 months for BTC was nonetheless 2018, when the worth recorded a 73% lower.

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