Forget Bitcoin: IOTA Just Partnered With 5 Brand-Name Companies on a New Project
We're just three weeks from turning the calendar on 2017, but cryptocurrency price appreciation has shown absolutely no signs of slowing. While marijuana and cloud-computing stocks have impressed, they can't hold a candle to the 2,050% return in the aggregate cryptocurrency market cap ($17.7 billion to $380 billion) since the year began.
Leading that charge has been bitcoin, the world's most popular virtual currency. Bitcoin, which began the year at $967, blew through the $13,000 level on Dec. 6, pushing its market cap to nearly $220 billion. With bitcoin up well over 1,200% this year, it's almost laughable to think that it's underperformed many of its peers on a percentage basis year to date.
Image source: Getty Images.
Source: Fool.com