As of the end of December 2019, the total market value of global digital tokens was US$195.343 billion, a decrease of US$13.24 billion or 6.3% from the end of last month. The average daily turnover in December was US$68.198 billion, a decrease of US$7.657 billion or 10.1% from the previous month. BTC once again touched a new low of $6,433 this month, but rebounded slightly in the second half of the month, and the current price remains above $7,000.
With an annual yield of 87.4%, BTC has become the asset class with the highest yield in 2019, leading the world's major stock indexes and commodities such as gold and crude oil.
On January 3, 2020, Qassem Soleimani, Major General of the Iranian Islamic Revolutionary Guard Corps and Commander of the Quds Force, was assassinated by the US military in Iraq. As geopolitical tensions in the Middle East intensified, BTC uncharacteristically stopped falling and rebounded. At the same time, crude oil and gold rose to varying degrees, and BTC's attributes as a safe-haven asset were reflected.
The median price rise and fall of the top 50 tokens by market capitalization in December was -10.7%. The highest riser is HEDG (HedgeTrade), up 120.5%, and now ranks 21st on Coinmarketcap.
This month, the 20 BICS secondary industry indexes compiled by Tongtongtong have all fallen except for the two industries of stable token and supply chain. Among them, the retail e-commerce industry index fell by 31.1%, and public services, information technology, physical assets, data storage, communication services, and project services all fell by more than 20%.
The 90-day average NVT ratio of BTC once again broke through 80 and rose to 83, and the valuation is close to the highest level in 2019.
