$100 Invested In Bitcoin Last Easter Is Worth This Much Now

Bitcoin BTC/USD is the biggest cryptocurrency by market capitalization. The almost decade-old coin’s historical past is marked by volatility but it surely has rewarded early holders phenomenally.

On July 17, 2010 — from when a number of the earliest worth knowledge is out there — BTC traded at $0.09, whereas it touched an all-time excessive of $68,789.63 on Nov.10, 2021. 

This 12 months, Bitcoin has but to chart huge strikes on the upside and the coin has declined 16.75% on a year-to-date foundation.

See Also: How To Buy Bitcoin (BTC)

The Investment: As we come to the tip of the lengthy vacation weekend marked by Good Friday and Easter Sunday, let’s assume an investor bought $100 value of BTC final Easter (April 4, 2021) when the apex coin fell. Here’s how a lot they might have now at press time when Bitcoin was buying and selling at $39,764.36.

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Date Of Purchase/Listing Purchase Amount Purchase Price Coins Obtained Current Worth Percentage Change
April 4, 2021 $100 $39,764.36 0.0017019 $67.67 -32.32%

The investor would have misplaced $32.33 or over 32% of their $100 funding if that they had entered the apex coin on Easter Sunday final 12 months.

If Bitcoin returns again to its all-time highs, the identical $100 value of funding might nonetheless see some first rate upside.

Read Next: If You Invested $100 In Shiba Inu When Elon Musk Said He Didn’t Own Any, Here’s How Much You Would Have Now

https://www.benzinga.com/markets/cryptocurrency/22/04/26659397/if-you-invested-100-in-bitcoin-last-easter-heres-how-much-you-would-have-now

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About the Author: Daniel