• CoinStic
  • Posts
  • Bitcoin Rings in the Crypto New Year With 10 Million More Blockchain Wallet Users

Bitcoin Rings in the Crypto New Year With 10 Million More Blockchain Wallet Users

December 31, 2018

As 2019 rolls in, Bitcoin tops the list of cryptos in terms of trading volume.

Bitcoin finished the year at around $3,745, down roughly 81% from its all-time high of $19,783, and down 72.5% on the year.

Despite the market plunge, Bitcoin is ringing in the new year with 10 million more blockchain wallet users than it had at the start of 2017.

As the cryptosphere revs up for 2019, Bitcoin waves goodbye to the year of its 10th anniversary.

Bitcoin turned 10 years old this year, a milestone that marked the release of the Bitcoin white paper by Satoshi Nakamoto. After a decade on the scene as the first decentralized cryptocurrency, it’s still the king of the coins.

According to data by CoinMarketCap, the world’s number one cryptocurrency by market cap kept its crown at $65.1 billion and a market dominance of 52%.

Bitcoin also closed out the year with its lowest average daily value change over the past nine years, according to Jameson Lopp, chief technical officer at Casa, a multi-signature key service with hardware wallets. 

Bitcoin average DAILY value change during:

2010: +0.82%

2011: +0.76%

2012: +0.26%

2013: +1.11%

2014: -0.25%

2015: +0.09%

2016: +0.22%

2017: +0.78%

2018: -0.33%

— Jameson Lopp (@lopp) December 30, 2018

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.