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CoinGecko: Bitcoin has grown by 27,000% in 10 years

2:16 pm, December 17, 2024

According to a report by cryptocurrency analysts CoinGecko, the price of bitcoin BTC $103,815.79 Bitcoin -2.54% Market capitalization $2.06 trillion VOL. 24 hours $3.67 billion has increased by almost 27,000% over the past ten years. This has made the market leader one of the most profitable investments in the modern world. The study showed that in 2014, the value of BTC was about $ 310, and today its price exceeds $ 100,000.

The rapid growth emphasizes the incredible potential of the cryptocurrency, which was initially perceived with skepticism by many investors. The report also notes that bitcoin has not only become digital gold, but also a key element of the global financial system.

«This ten-year review shows that bitcoin is the most profitable asset with high growth rates, while gold, bonds, and stocks are safer alternatives with lower returns for risk-averse investors,» the crypto analysts said.

Experts emphasized that the main factors behind BTC’s success are a limited supply of 21 million coins, growing interest from institutional investors, and the constant development of the crypto market infrastructure.

Despite periodic exchange rate fluctuations, bitcoin continues to demonstrate high long-term profitability, which attracts both experienced traders and new investors.

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BTC

$103,815.79

-2.54%

ETH

$3,834.58

-4.46%

BNB

$708.30

-1.21%

XRP

$2.51

-0.10%

SOL

$214.63

-0.10%

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