Bitcoin outperformed popular assets in H1 2023, data shows
Bitcoin (BTC) outperformed other popular financial instruments and markets, including NASDAQ and the S&P 500, during the first half of 2023. Amidst regulatory uncertainties across various jurisdictions, gloomy market conditions brought about by the FTX scandal of 2022, and other high-profile bankruptcies, the latest research data show that bitcoin (BTC), the world’s leading cryptocurrency outperformed other financial vehicles during the first half of 2023. Data shows that in the first half of 2023, Bitcoin increased by 83.8%, ranking first, far exceeding other major asset s in the world. The Nasdaq index rose 31.7%, ranking second, and other major national stock markets rose. The price of natural gas fell by 37%, ranking the… pic.twitter.com/bou05S8aH0 — Wu Blockchain (@WuBlockchain) July 2, 2023 The bitcoin price opened at the $16,541 region in January 2023 and hit a yearly high of $31,000 in April before regulatory turmoils in the US triggered a market-wide bloodba...
