Coinpedia News || Crypto and Fintech News
1.72K subscribers
7.36K photos
101 videos
1 file
8.9K links
Download Telegram
#Bitcoin Performance Since August 2020

#MicroStrategy, led by Michael Saylor, started buying Bitcoin (BTC) in August 2020. Since adopting the Bitcoin strategy, Bitcoin has outperformed any other asset class. 

A recent chart revealed that Bitcoin was bigger than any other asset class in the past three years. Specifically, #BTC Price rose 145% during that period. 

Conversely, #S&P500 rose 37% while #Nasdaq increased 31%. #Gold, #Silver, and #Bonds fell 3%, 14%, and 18%, respectively.
In a year marked by economic uncertainty, persistently high inflation, and concerns over rising interest rates, Bitcoin (BTC) has emerged as the star performer, outperforming other traditional asset classes.

Bitcoin rose +107%, outperforming NASDAQ (+33%), S&P 500 (+11%), Oil (+10%), Gold (+8.4%), and Silver (-3.5%).



#Bitcoin #NASDAQ #SP500 #Oil #Gold #SIlver
#Bitcoin > #Silver!

Bitcoin continues to rise in the ranks of top assets by #marketcap, pushing past silver to become the world's eighth most valuable property.

With a 5% advance to an all-time high past $73,000 in the morning hours of U.S. #trading, bitcoin's (#BTC) valuation shot to $1.44T, above that of sliver at $1.289T
Bitcoin's been a star player! Since 2020, it shot up by a whopping 432%, way ahead of the game compared to the S&P 500 and NASDAQ, which climbed up 56% and 50%.

Gold, the old reliable, inched up just 7%. Silver and bonds? Not so lucky, they slipped down by 13% and 19%. Looks like Bitcoin's the one wearing the crown in this game of assets!



#Bitcoin #Gold #NASDAQ #Stocks #Silver #Bonds #Coinpedia #Cryptocurrency