According to CNBC, Bitcoin became the best performing investment asset in 2024. Although Bitcoin still maintains its usual high volatility, its return on investment reached an astonishing 124.8% during the year, far exceeding other asset classes.
Specifically:
Nasdaq Index (Nasdaq) 30.1%
Gold (Gold) 26.8%
S&P 500 Index (S&P 500) 24.2%
Dow Jones Index (Dow) 13.3%
Russell 2000 Index (Russell 2000) 10.6%
Oil (Oil) -0.4%
TLT (TLT) -10.8%
Bitcoin's outstanding performance is mainly due to the following factors: The launch of new exchange-traded funds (ETFs) has promoted wider adoption.
The new presidential administration's hope for deregulation has further increased the value of digital assets. Overall, Bitcoin's performance in 2024 is very impressive, attracting a lot of investor attention, and is expected to continue to grow in the future.