Average Bitcoin ROI, During the Past 30 Days, Surpasses that of World’s Top 6 Tech Giants
During the last 30-day period, Bitcoin’s average return on investment, supersedes that of 6 top tech stocks.
Bitcoin’s ROI Surpasses that of Tech Giants
As per the analysis, Bitcoin’s average ROI (return on investment) in the past 30-days, is greater than world’s top 6 tech stocks, including Meta, Tesla, Amazon, Alphabet, Microsoft and Apple.
Bitcoin’s average ROI (return on investment) is 12.24%, during the last 30-days. It surpassed Meta, previously named Facebook, by a significant 46.74%. Elon Musk’s Tesla stood 18.37% behind. Bitcoin’s ROI beat online retail store Amazon and Google parent Alphabet, by 3.78% and 1.84% respectively. Whereas electronics and software companies Microsoft and Apple also fall behind Bitcoin, by 1.95% and 0.76%.
Trading at a moment at $42k, the Bitcoin is recently labelled ‘overvalued’ by JP Morgan. According to the world’s largest investment bank, the real value of Bitcoin is $38k.
Bitcoin’s Price and Increasing Hashrate
Bitcoin’s RSI (Relative Strength Index) is 39 at the current price level , which indicates a potential move towards $48k. RSI is a index that projects whether the coin is overbought or oversold. To be in a bullish trajectory the coin must be between 30 (oversold) and 70 (overbought).
Recently, the premier cryptocurrency, for a couple of days, traded above $45k as it made a successful recovery from the low of $33k. Including many other factors, the hashrate was one in particular. As, according to YCharts, the hashrate reached an all time high of 248.11 million terahashes per second (TH/s), on February 12.
Bitcoin hashrate has increased by over 50% in the past year. As of last July, miners based in the U.S. accounted for 35.4% of the hashrate on the network.
XRP to Reach $1 in the Coming Weeks With Summary Judgement Forthcoming
Ripple vs. SEC: Crypto Community Anticipates Landmark Case Outcome
SEC Draws Criticism as it Responds to Ripple’s Letter of Supplemental Authority
Ripple Move 120 Million XRP Tokens Following a Recent Price Hike
Ripple Gets Support from the Former Critic Ryan Selkis, the CEO of Messari
Recent Press Release
Involving Bitcoin For Online Health And Wellness
The continuous discussion of cryptocurrency in the world of Corporate Wellness is initiated with a unit to create awareness. Before...
The Primary Challenges Limiting Bitcoin Adoption
The first step to overcoming any challenge is understanding what is at the heart of the issue. Bitcoin has been...
Why Comparing Bitcoin Prices Saves You Money?
For anyone interested in investing in cryptocurrency, surely the thought of deciding which asset to purchase must be maddeningly hard....
Makler Game. Play the game and learn trading
We want to tell you about an interesting game that has appeared on the Internet and which will not only...
Bitcoin Trading: Advice and Methods for Novices
You could be questioning how to begin trading, whether you’re entirely new to the Crypto assets field or have a...