Bitcoin Reigns Supreme: Surpassing Popular Assets in H1 2023 with 83.8% Surge

By Lola Coin Jul 5, 202373Views

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Bitcoin (BTC) has outperformed other financial instruments and markets in the first half of 2023. Despite regulatory uncertainties and market downturns, Bitcoin saw an 83.8% increase, surpassing other major assets. The NASDAQ Index came in second with a 31.7% increase, followed by other national stock markets. Meanwhile, the price of natural gas fell by 37%. The bitcoin price hit a yearly high of $31,000 in April but experienced a market-wide decline in June. Nonetheless, Bitcoin’s price closed above $30,000, representing an 83% increase for the year. In comparison, the NASDAQ, Nikkei 225, and Germany DAX indices only saw increases of 34.08%, 27.19%, and 15.98%, respectively. Despite some critics, Bitcoin remains recognized as a security by US regulators and is expected to continue attracting more capital in the future. At the time of writing, Bitcoin is priced at $30,261 with a market cap of $587 billion.

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