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Most profitable assets of 2020: Bitcoin, Tesla, and other leaders

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Most profitable assets of 2020: Bitcoin, Tesla, and other leaders

Despite the difficult economic situation in 2020, many assets have already updated their peak values, others are still far from it. We will talk about the main ones in our article.

Gold

Gold

On August 6, quotes of tokenized gold peaked at $ 2074. At the same time, on January 1, the cost of the precious metal was $ 1518, for 7 months it increased by 37%. Then the price of the asset began to decline, by now having dropped by 9% to $ 1878.

S&P 500

At the beginning of this year, the tokenized S&P 500 index was trading at $ 3238. On March 23, its quotes fell to $ 2184, then began to grow. On December 29, the index renewed its all-time high at around $ 3756, from January 1, its growth reached 16%.

Oil

Brent oil

On January 2, tokenized Brent crude was traded at $ 66 per barrel. On April 22, the price fell to a low of $ 19, after which it began to recover. To date, quotes have reached $ 51, but they remain 65% below the historical record of $ 144, recorded on July 4, 2008.

Tesla

Tesla

One of the most profitable assets of 2020 is Tesla stock. This year, their quotes have reached an all-time high of $ 684, and since the beginning of the year, growth has exceeded 714%.

XRP

On January 1, the XRP token was worth $ 0.19 on the BitXmi crypto exchange. On March 13, altcoin quotes fell to a local minimum of $ 0.11. And on November 24, the price of the coin reached $ 0.78. Then the price plummeted to the current level of $ 0.22.

Compound

On October 5, the asset’s quotes were $ 121, by November 3, they fell to $ 80 and on December 17, they peaked at $ 177. However, the price remains well below the high of $ 356 set on June 21 this year.

Ethereum

Ethereum

In early 2020, ETH was trading at $ 130, after which in March its quotes fell to a local minimum of $ 88. From that moment on, the rally of the largest altcoin by capitalization began. On December 28, the price of ETH reached $ 747, but almost 100% growth was still lacking before the historic high was renewed.

Uniswap

One of the most famous DeFi projects is Uniswap. On October 7, its price was $ 2.9, by November 5, it fell to $ 1.7, and by November 24, it increased by 159%, to $ 4.4. However, the asset failed to reach the $ 6.2 high set on September 18.

Bitcoin

Bitcoin

One of the main assets of 2020 is Bitcoin. On December 20, its rate on BitXmi exceeded $ 28.4 thousand for the first time in history, since the beginning of the year, the cryptocurrency has risen in price by 3.6 times, from the local minimum on March 13 – by 7.5 times.

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Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

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