Bitcoin had a nearly 3,500% return on investment since 2015, 70 times higher of five traditional stock markets
According to Buyshares.co.uk, in the past five years, Bitcoin return on investment is 70.16 times higher than the average of the five significant indices from traditional stock markets. According to the data, the average ROI of the Financial Times Stock Exchange 100, NASDAQ, Nikkei, S&P 500, and Dow Jones markets was taken as research data of 49.27%.
Bitcoin had a nearly 3,500% return on investment since 2015
According to the data, from June 26, 2015, to June 26, 2020, Bitcoin ROI was 3,456.98%. Overview indicators include NASDAQ, S&P 500, Dow Jones, NIKKEI, and FTSE 100.
The NASDAQ index had the highest return on investment with 96.77%, followed by the S&P 500 at 46.23%. In third place, there is the Dow Jones with an ROI of 42.16%. Japan’s NIKKEI has the fourth-highest ROI with 11.94%. Finally, the FTSE 100 is the only index with negative returns of -6.96%.
The report stated:
“During the period under review, Bitcoin’s ROI stood at 3,456.98% were in June 2015, the price of Bitcoin was $257.06 and by June 26th this year, the price rose to $9,143.58. On the other hand, the average ROI for the highlighted indices was 49.27%.”
Buyshares.co.uk’s research also compared the Return of Investment between Bitcoin and the significant indices based on Year-to-Date statistics. Bitcoin had the highest ROI at 28.71%. NASDAQ had the second ROI of 8.74%, to emerge as the only index with a positive return between January 1 and June 26 this year.
NIKKEI’s profit was -4.83%, followed by the S&P 500 with a return on investment of -6%. On the other hand, Dow Jones has the fourth-highest profit at -12.34%. Finally, the FTSE 100 (FTSE) has the worst ROI at -18.33%.
Many factors contributed to the recent collapse of the leading indices offering Bitcoin a golden opportunity to thrive.
Buyshares.co.ke research report stated:
“With coronavirus pandemic that led to the traditional market crash, many view Bitcoin as an alternative store of wealth. Bitcoin fans consider the pandemic as the catalyst for elevating the cryptocurrency to the digital gold.”
The current collapse will allow investors to put money in stocks in the hope of reaping later.
- Crypto Research Report: Bitcoin Price Could Approach $400,000 In The Next Ten Years, Increase Of More Than 4,000%
- Bitcoin Price Formed A Dreaded 89/200-Day EMA Death Cross – Sign Of Intense Underlying Weakness