Stands for Year to Date.
Year to Date is a metric that examines how an asset has performed so far in a calendar year — spanning the period from January 1 to now.
Here's an example. Bitcoin started 2021 at $29,032 and had risen to $59,056 by April 1. This would have meant that the world's biggest cryptocurrency secured year-to-date gains of 103%.
YTD is different from Year to Year, which compares two exact dates one year apart on an annualized basis.
Both comparisons are equally valuable to traders when assessing the performance of certain cryptocurrencies.
YTD performance of a cryptocurrency is an important indicator of profitability.
Join the thousands already learning crypto!