2017 Market Performance: Crypto vs. Stocks

When looking across the globe, there were plenty of strong performing equity markets in 2017. Nevertheless, none compare to the massive appreciation seen within the cryptocurrency sector.

The top-performing stock market last year (excluding Venezuela with a 3,884 percent gain due to rampant inflation) was Zimbabwe with a 117.7 percent advance, while the top cryptocurrency Ripple, left Zimbabwe in the dust with an eye-popping 28,963 percent return. Ripple ended 2016 at $0.0065 and by Dec. 31, 2017 had risen to$2.25.