The Price of Bitcoin: What Does It Mean?

We may earn money or products from the companies mentioned in this post. This is not financial advice. We feature coins we like, but do your own research before you invest

The much touted crash of Bitcoin deserves a bit of perspective. We have compiled a list of some of the most popular cryptocurrencies including several altcoins which we are invested in. The altcoins tend to follow Bitcoin which means the recent crash of Bitcoin has also caused many of the altcoins to crash.

Below you can see the current price of each coin followed by the historical price of each coin from 1 year ago.
At the time of this printing, the gains made by these coins even with the recent crash are quite impressive. If we were talking about the stock market these kind of gains would be almost unheard of.

The historical chart for Bitshares is from the spring because the coin was worth less than 1 cent as of a year ago. The current prices are from a live feed, so it will be interesting to see how these coins fare in a few weeks.

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