With a 139 percent return, Bitcoin prevails against all other asset classes over a 12-month period. During the same period, second-place Ethereum grew “only” 70 percent, half as much as BTC.
This means that the so-called flippening is becoming a long way off. The flippening means the accession to the throne of the largest cryptocurrency by number 2. What’s more: at 1.25 trillion US dollars – around 53.6 percent – BTC still accounts for more than half of the total market capitalization. Bitcoin also reflects its success outside of trading – hashrate and difficulty are increasing increasingly. You can find out what this means in the latest Bitcoin Report.
In addition to Bitcoin and Ethereum, assets on the traditional financial market are also increasing significantly. With growth of at least 32 percent, the Nasdaq100 gives owners of tech stocks a decent return, as does the S&P 500 stock index. The precious metals gold and silver are also rising significantly over the year, at 17 and eight percent respectively.
At just five percent, the German stock index illustrates the continued tense economic situation in the Federal Republic. An investment in digital gold during the same period would have yielded 28 times more returns.
This relationship is likely to continue in the future. Because: The recent halving could cause the Bitcoin price to rise further, but it also has a major impact on many other areas in the BTC ecosystem. These include mining, transaction fees and the Runes protocol. You can read about the effects that can now be expected in the new Bitcoin Report.
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