Index - https://steemit.com/tax/@alhofmeister/3ibscz-accounting-and-finance-blog-index
Introduction
In this post, I wanted to present two graphs. The first graph shows the total market capitalization of the 5 largest companies compared to BTC, ETH & XRP(demonstrating the growth potential and the relatively small market share of the largest cryptocurrencies). The second graph shows the year to date performance of each of the 5 companies and 3 cryptocurrencies (current market cap / market cap as of January 1). As demonstrated by the second graph, the top 5 stocks were significantly more stable and outperformed the crytocurrencies for a majority of the year. The recent trend, however, has seen a significant upswing in the performance of cryptocurrencies. This will be another recurring article that tracks the performance of the aforementioned cryptocurrencies.
Market Capitialization
YTD Performance
References
https://www.zacks.com/stock/chart/AAPL/fundamental/market-cap
https://www.zacks.com/stock/chart/GOOG/fundamental/market-cap
https://www.zacks.com/stock/chart/MSFT/fundamental/market-cap
https://www.zacks.com/stock/chart/FB/fundamental/market-cap
https://www.zacks.com/stock/chart/AMZN/fundamental/market-cap
https://coinmarketcap.com/currencies/bitcoin/historical-data/
https://coinmarketcap.com/currencies/ethereum/historical-data/
https://coinmarketcap.com/currencies/ripple/historical-data/
@contentvoter
LOL the market cap for the cryptos is flat lined in comparison to the big five, however, cryptocurrencies are being talked about now more than ever. The news media, governments, banks etc are all obsessed with cryptocurrencies!