The focus this year may have been on the block reward halving by Bitcoin but the real story is the resilience by alt coins. In fact, MVIS 100 small cap and large cap indices have been trading in lockstep for much of the year and at the time of writing, the small cap index was actually marginally better than its large cap peer (+40% year-to-date vs +32%). The growth of Proof of Stake (PoS) offerings, together with the need to hedge exposure, where choice is limited to Bitcoin’s derivatives market, may continue to drive capital into alt coins.
MVIS CryptoCompare Digital Assets 100 Large-Cap vs.
MVIS CryptoCompare Digital Assets 100 Small-Cap
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