What currencies are there in arb’s ecosystem?
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话李话外
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What other projects in the Arbitrum ecosystem are worth paying attention to in the near future?
Since October, the market has experienced another rebound. At the time of writing this article, the price of Bitcoin has just exceeded US$28,000, and the price of Ethereum has exceeded US$1,700. Many other potential currencies have also rebounded quite a bit. It seems that the market has suddenly gained popularity again!
If we look at the historical returns of Bitcoin, we can also find that in all past years, October has been one of the best months of the year for the crypto market, as shown in the figure below.
According to statistics from the CoinGlass data website: Since 2011, Bitcoin's cumulative increase has exceeded 20,000,000%, far exceeding the 541% and 282% cumulative increases of the Nasdaq 100 Index and the U.S. Large Cap Index respectively. On an annualized basis, Bitcoin’s return was 230%, 10 times higher than the next-best-performing asset class, the Nasdaq 100 Index. Over the same period, U.S. large-cap stocks returned an annualized 14%, high-yield bonds gained 5.4%, and gold returned 1.5%.
If we look at the historical returns of Bitcoin, we can also find that in all past years, October has been one of the best months of the year for the crypto market, as shown in the figure below.
According to statistics from the CoinGlass data website: Since 2011, Bitcoin's cumulative increase has exceeded 20,000,000%, far exceeding the 541% and 282% cumulative increases of the Nasdaq 100 Index and the U.S. Large Cap Index respectively. On an annualized basis, Bitcoin’s return was 230%, 10 times higher than the next-best-performing asset class, the Nasdaq 100 Index. Over the same period, U.S. large-cap stocks returned an annualized 14%, high-yield bonds gained 5.4%, and gold returned 1.5%.
