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
