The bitcoin price has climbed by almost 40% so far this year, reaching $9,780 per bitcoin on the Luxembourg-based exchange Bitstamp yesterday, as traders and investors eagerly look towards May's upcoming halving event—amongst other developments. However, the bitcoin price is being handily outpaced by almost every other major cryptocurrency so far this year—with some clocking three-digit percentage gains in the first few weeks of 2020. dpa/picture alliance via Getty ImagesAmong the top ten biggest cryptocurrencies by value, bitcoin SV, an offshoot of bitcoin cash, which is itself an offshoot of the original bitcoin, has recorded the sharpest rise so far this year, rising 209%. The claim has been widely ridiculed by the bitcoin and cryptocurrency community and Wright has so far failed to backup his claims. All other top ten cryptocurrencies, excluding stablecoin tether, have also risen even further than bitcoin so far this year.

Source: Forbes February 06, 2020 12:11 UTC