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Title: [2016-12-23] MW] And 2016’s best-performing commodity is ... bitcoin? Post by: eye4bd on December 23, 2016, 02:45:38 PM And 2016’s best-performing commodity is ... bitcoin? Bitcoin has had a banner 2016. After two years of lackluster returns, the price of a single coin soared more than 100% this year — putting bitcoin on track for its best annual performance since 2013. A wave of exuberance carried bitcoin from around $90 in January of that year to an all-time high of $1,242. Bitcoin’s market capitalization sailed past $14.5 billion as the price of a single coin traded as high as $913 a coin on Friday, according to Coin Market Cap, as its market capitalization to sail past the $14 billion mark, eclipsing the market value of, say, Twitter Inc. http://www.marketwatch.com/story/and-2016s-best-performing-commodity-is-bitcoin-2016-12-22 |