If You Had Invested $10,000 In Bitcoin When It Crashed In 2015, You'd Be Able To Buy A Manhattan Apartment Today
Portfolio Pulse from Mehab Qureshi
Investing $10,000 in Bitcoin (BTC) in 2015 when it was trading at $200 would have yielded a profit of $1.29 million today, a return of 12,907.50%. This substantial return could potentially make purchasing a Manhattan apartment, with a median sold home price of $1.1 million, within reach. At the time of writing, BTC was trading at $26,015, down 4.62% in the last 24 hours.
September 01, 2023 | 11:30 am
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NEUTRAL IMPACT
Bitcoin's historical performance shows significant returns, potentially making high-value purchases like Manhattan real estate achievable. However, the cryptocurrency is currently experiencing a slight downturn.
The news highlights the potential returns from investing in Bitcoin, which could be of interest to current and potential investors. However, the recent downturn in Bitcoin's price may cause some short-term uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100