December marked the third consecutive month of positive returns for the crypto market. The month started with a minor correction and lost 11.7% in the first 11 days. A nice uptrend followed, and the month ended with a positive performance of 9.9%.

In total, 16 of the top 25 crypto assets by market capitalization posted gains in December, with the top three performers being THETA (+190%), Polkadot (+73%), and Bitcoin (+48%). By the end of the month, the Solidum Crypto Quant Strategy portfolio was composed of only two assets, Bitcoin and Polkadot, two of the best-performing assets in December, which greatly contributed to the overall monthly performance of the portfolio. Bitcoin reclaimed the spotlight in December and outperformed the majority of altcoins. Consequently, its dominance also increased to 71%.

The Solidum Crypto Quant Strategy portfolio outperformed the market in December. The portfolio recorded a positive monthly performance of 23.35%, whereas, as mentioned above, the market posted a 9.92% gain during the previous month.

Chart 1 - Solidum Crypto Quant Performance (2020-12)

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DISCLAIMER: This article is for informational and discussion purposes only and does not constitute a marketing message, an investment survey, an investment recommendation, or investment advice. The article was prepared exclusively for a better understanding of market dynamics.

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