Top Performing Crypto Assets in 2023
Bitcoin is up more than 80% this year and the rally has extended to the broader crypto industry, as well as crypto-related stocks and ETFs
One of the key themes in the 2023 financial markets has been strength in the cryptocurrency sector.
Bitcoin (BTC) is up roughly 83% so far this year and strength in Bitcoin has carried over to other parts of the sector.
So far in 2023, the vast majority of digital coins with market capitalizations above $1 billion are in positive territory on the year. Of the laggards in that group, only a handful are trading with a negative return.
What’s most amazing about the current rally is that it emerged during a turbulent time for the broader crypto sector. Last year, Bitcoin bottomed out below $16,000/coin in early November when FTX filed for Chapter 11 bankruptcy protection.
Since then, Bitcoin has risen back above $30,000/coin...
