Cryptocurrencies Outperforming other Financial Assets
Leading the charge is the oldest and most popular cryptocurrency Bitcoin (BTC), alongside leading altcoin Ethereum (ETH). Bitcoin has within the space of a decade risen from being worth pennies to several thousands of dollars.
Despite its volatile nature that has seen some lose money, it represents an excellent opportunity for those looking to get good investment for their hard-earned cash. To get a perfect picture of how bitcoin has grown into a significant investment asset, we look at its recent financial history.
The value of bitcoin increased from $431 in January 2015 to $30,000 in January 2021, representing a growth of 6674%. An investor that bought $100 worth of Bitcoin in 2015 would have seen his portfolio rise to $6,667 in five years.
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