Investing.com - This week’s Investing.com comic pits some of the hottest investments of the year against each other, specifically bitcoin, ethereum, gold, oil and the S&P 500.
Bitcoin cleared the $2,600-level for the first time on Thursday to hit yet another all-time high, as a monster rally continues amid bullish noises around the future of the cryptocurrency.
Prices are up almost 100% so far in May. Since the start of the year, the price of bitcoin has soared roughly 180%, taking the total value of the cryptocurrency in circulation to around $43 billion.
Meanwhile, bullishness around bitcoin has stoked appetite for other cryptocurrencies. One in particular known as ethereum is gaining traction.
Ethereum has risen from $8.24 on January 1, to a high of $217.85 on Thursday. This represents a whopping 2,367% increase year-to-date.
The monster rally in cryptocurrencies this year has overshadowed traditional assets, such as gold, oil and the S&P 500, which are up roughly 9%, 2% and 8% since the start of the year.
Which will be the best investment for the second half of the year?
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