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EToro Experienced a Dip in Growth for Every Crypto but Tezos in Q2

Published 07/20/2020, 03:00 PM
Updated 07/20/2020, 04:40 PM
EToro Experienced a Dip in Growth for Every Crypto but Tezos in Q2

EToro Experienced a Dip in Growth for Every Crypto but Tezos in Q2

eToro experienced a decline in growth of investor interest in every cryptocurrency except Tezos (XTZ) in the second quarter of 2020.

Although Tezos saw a small uptick in the number of eToro users investing in the last quarter — only 2.53%, it was enough to take first place with 8.12% growth in growth. The growth for every other asset decelerated for every other cryptocurrency with most experiencing a double digit decline. Tezos’ exceptional performance may be explained by its low base (low growth rate) in the first quarter.

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