If You Held Your Bitcoin and Ethereum After FTX Crash, It’s Cryptomas!

It’s Merry Cryptomas, everybody! Bitcoin is up 167% year-to-date. Ethereum is up 91%. If a massive crypto rally was one of your predictions for 2023 a year ago, I take my hat off to you. Compare those returns with other asset classes. The NASDAQ is up 36%. The S&P 500 is up 19%. Gold is up 10.7%. If you were long oil or a broad basket of commodities, you are down 10%-12%.

A year ago, many of us thought — I certainly did — that it was game over for crypto and that the naysayers were going to be vindicated.

https://www.bloomberg.com/opinion/articles/2023-12-17/if-you-held-your-bitcoin-and-ethereum-after-ftx-crash-it-s-cryptomas

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