Last Christmas’ $100 in Bitcoin and Ethereum is now significantly higher
If you decided to invest $100 in each BTC and ETH last Christmas, how much would they be worth today? As the market is seemingly out of a prolonged crypto winter that began in early 2022, on Christmas day, we’re witnessing a significant contrast in the value of major cryptocurrencies, notably Bitcoin (BTC) and Ethereum (ETH), compared to the previous year’s values. If an investor had the foresight to invest or gift someone $100 worth in Bitcoin and Ethereum last Christmas, they would be reaping some handsome profits. Let’s delve into the numbers. On Christmas Day in 2022, Bitcoin was valued at approximately $16,900. Fast forward to today, it stands at around $43,500. This substantial growth means that a $100 investment in Bitcoin a year ago would now be worth approximately $257.4, representing a 157.4% increase. You might also like: SEC met multiple spot Bitcoin ETF applicants on Dec. 21 Ethereum has shown a similar performance. It has soared from around...