Bitcoin (BTC) may be down less from its all-time highs than any other cryptocurrency, but 2020 has so far been the year of Chainlink (LINK).<\/p>\n
In the latest edition of its Weekly Insights report on Oct. 26, The TIE noted that Chainlink has outperformed every other cryptocurrency with year-to-date returns of over 600%.<\/p>\n
Comparing altcoin performance, the report also highlighted Cardano (ADA) with 224% returns, Ether (ETH) on 217% and Monero (XMR) on 182%. <\/p>\n
The numbers provide a timely counterpoint for cryptocurrency spectators as attention remains broadly focused on Bitcoin and its recent gains, which topped out at $13,370 over the weekend.<\/p>\n
Enthusiasm around a rerun of the so-called altseasons from previous years has also waned, with Cointelegraph Markets analyst Michal van de Poppe warning that Ether maynot be set to copy Bitcoins successes this time around.<\/p>\n
Zooming out, Bitcoin remains the cryptocurrency down the least versus its historic all-time highs, at press time circling 36% against its $20,000 peak from late 2017. <\/p>\n
By contrast, Chainlink is down 41%, Ether 73% and Cardano 92%. The worst performers out of the major market cap tokens are Ripple (XRP) and Bitcoin Cash (BCH), both down 94%.<\/p>\n
Among the major cryptocurrencies, Binance Coin, Bitcoin and Chainlink are closest to their all-time high prices. While the median asset is down -79% from its ATH, BTC is down -36%, The TIE summarized.<\/p>\n
Major cryptocurrency 2020 returns comparison. Source: The TIE<\/p>\n
The TIE meanwhile noted that despite its 2020 rally, Chainlink is noticeably absent from social media.<\/p>\n
Like many assets, Chainlink recently set its all time high during the summers altcoin craze and has fallen a considerable amount since then. This has caused LINK related conversations on Twitter to decrease by -60%, the report stated. <\/p>\n
Google search data for Bitcoin meanwhile has trended slightly up over the course of recent price rises, but remains lower than in August when it returned to $12,000.<\/p>\n
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