Halving is around the corner so lets compare cryptocurrency vs BTC instead of dollar of euro. This is the easier way to know the performance of a cryptocurrency on these turbulent days.
This is the analysis of some of the most common cryptocurrencies vs Bitcoin (BTC).
The ETH is being traded at 0.0227025 BTC, 16% less than it was traded a year ago; it continues loosing vs the BTC but it recovered vs one month ago. If you change today your ETH purchased one month ago you will get a 7% extra in BTC. It continues on a low price but before halving maybe it is a good time to move a big portion of your ETH to BTC.
Binance Coin (BNB)
I’m not sure what is doing Binance with their proprietary coin. The BNB is trading at 0.001872 BTC so it has lost 39% so far this year compared to Bitcoin. In the last month it has lost 7% compared to BTC but we continue expecting Binance to do something with their main coin. It gained a few compared with April loses, but anyway we still waiting a big jump on the value.
Litecoin recovered a few from last month. Since last year LTC lost 57% compared with BTC, I know the big LTC community is waiting for some price adjustment after halving so I don’t recommend to sell it on the near future.
Basic Attention Token (BAT)
My preferred alt coin! BAT is worth 0.00002062 BTC and it has lost 63% of its value over the year. Expectation continues on the community and I don’t know what do you think but I’ll not sell one single BAT until halving passes.
Its low value 0.000001762 on BTC has recovered some losses from last month but continues with a n annual loss of 52% with respect to Bitcoin. We still waiting the ‘big rise’ of tron token.
Ripple has also not avoided losing 48% against Bitcoin so far this year. Its current price is 0.0002406 BTC. There was some bad news on the last days but I guess it will not affect the Ripple pricing.
Starting May 2020 Bitcoin SV continues being the winner (152% on a year) and ChainLink (LINK) with an incredible increase of 287% in the same period of time. WINk -the coin that airdrops from TRX- has won 573% this year, congratulations to early adopters!!