2017: The Year Crypto Became a New Asset Class

2017 has been a watershed year for crypto assets. The combined market cap rocketed from $15 billion in January to over $600 billion by year’s end. And in doing so, crypto assets crossed another kind of threshold, transforming from something easily dismissed to something hard to ignore. The multiple-thousand percent price appreciation has been accompanied by trade volumes well over $1 billion since May, continued low correlations to other assets and sharpe ratios that compare…

"2017: The Year Crypto Became a New Asset Class"