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bitcoin (btc) Annual growth rate of four years (CAGR) has decreased to 14.5%, the lowest registered rate. However, despite the fall, the main cryptocurrency has given better yields than gold and stocks.
bitcoin Cag falls to the lowest rate in history
During the past year, btc has experienced a significant action in the price, establishing multiple historical maximums (ATHS) despite the auxiliary position of the Federal Reserve (Fed) of the United States (Fed), which included increase the interest rates To stop inflation. Coingcko data show that btc has increased by 88% during the past year.
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Despite its strong performance in 2024, the annual compound rate of four years of btc has now fallen to a historical minimum of 14.5%. Mark Harvey Market Analyst <a target="_blank" href="https://x.com/thepowerfulHRV/status/1891918143292887223″ target=”_blank” rel=”nofollow”>shared The following box in x illustrating the four -year cagr in decline of the cryptocurrency.
For not initiated, the four -year -old CAGR represents the average annual growth rate of an asset for four years, which represents the composite effects. It helps evaluate long -term performance by softening short -term fluctuations.
Harvey, however, is still optimistic that the btc Cag will not remain at this low level for a long time. Responding to a comment about its publication, he agreed that cryptocurrency could soon see an explosive movement up.
While 14.5% of the Cag Rate four years of btc is the lowest in the registry, it still exceeds gold and actions yields. According data From Checkonchain, the four -year -old cag rate for gold, silver, S&P 500, Nasdaq and the US dollar has oscillated between 4% and 13%.
That said, the four -year CAGR of btc pales compared to some of the other cryptocurrencies of great capitalization. For example, Solana (Sol) offered a CAG of 118%, while XRP gave 49%. Solo ethereum (eth) was classified under btc with an annual compound rate of only 8%.
Is btc on their way to replace gold?
At the time of writing this article, btc orders a total market capitalization of a little more than $ 1.9 billion, while gold market capitalization is almost 10 times greater thanAround $ 19 billion. While there is still a lot of space to grow for btc, experts believe that it will not spend much time before the 'digital gold' begins to attribute the domain of gold.
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In a note from the recent client, the Bernstein commercial firm analysts provided That btc is on its way to replacing gold in just 10 years. The note declared that btc is scheduled to assume the gold role as a reliable asset of safe refuge.
As bitcoin adoption growA growing number of financial experts provides for a future where the gold of the cryptocurrency rivals gold. Recently, Matthew Sigel, head of Digital Assets Research at Vaneck, emphasized btc's potential to become a global monetary standard.
More recently, veteran merchant Peter Brandt outstanding btc's growing force against gold. At the time of publication, btc quotes $ 97,804, 1.7% more in the last 24 hours.
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