{"id":469394,"date":"2020-12-22T17:11:21","date_gmt":"2020-12-22T16:11:21","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=469394"},"modified":"2020-12-22T17:11:21","modified_gmt":"2020-12-22T16:11:21","slug":"in-2020-the-insolent-rise-of-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2020\/12\/22\/in-2020-the-insolent-rise-of-cryptocurrencies\/","title":{"rendered":"In 2020, the insolent rise of cryptocurrencies"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The fear of a disappointing tomorrow has not disturbed cryptocurrencies too much. Thus, bitcoin, ethereum and XRP combined to reach a market cap of $ 511.5 billion, up 235% year-on-year.<\/p>\n<p>Covid-19 has failed to curb investor appetite for blockchain currencies. According to Finaria.it, these three currencies show triple-digit growth on March 15, 2020, when their capitalization fell to $ 108.1 billion. At the end of the second quarter, queen cryptocurrencies saw their capitalization grow 30% to $ 201.5 billion, then to $ 284.7 billion in September. Over the past three months, the increase was 80%, bringing the valuation to 521.5 billion dollars.<\/p>\n<p>Bitcoin has grown 224% since the start of the year. After falling back to $ 88.96 billion in March, the most famous cryptocurrency rebounded to $ 168 billion in June. In the second half of the year, that figure exploded 150% to $ 419 billion. Even more spectacularly, Ethereum saw its market capitalization jump 387% in 2020, from $ 14.2 billion in January to $ 68.8 billion this week. For its part, XRP gained 152%, from $ 9.4 billion in December 2019 to $ 237.7 billion this week.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The fear of a disappointing tomorrow has not disturbed cryptocurrencies too much. Thus, bitcoin, ethereum and XRP combined to reach a market cap of $ 511.5 billion, up 235% year-on-year. Covid-19 has failed to curb investor appetite for blockchain currencies. According to Finaria.it, these three currencies show triple-digit growth on March 15, 2020, when their<\/p>\n","protected":false},"author":536282,"featured_media":469395,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996,16068,12036,12008],"tags":[16975,16973,16974],"class_list":{"0":"post-469394","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-finance-en","8":"category-fintech-telecom","9":"category-sectors","10":"category-stock-exchanges","11":"tag-cryptocurrencies","12":"tag-in-2020","13":"tag-the-insolen","14":"post_format-post-format-aside","15":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>In 2020, the insolent rise of cryptocurrencies - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2020\/12\/22\/in-2020-the-insolent-rise-of-cryptocurrencies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In 2020, the insolent rise of cryptocurrencies\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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