Bitcoin and Ethereum are crushing it! A recent report by Matrixport revealed these digital assets are leading the pack,outperforming traditional investments like the Nasdaq, S&P 500, gold, and even oil.
Why the Surge?
The long-awaited approval of spot Bitcoin ETFs in January opened the door for wider institutional adoption.
Experts like Philippe Meyer from BBVA suggest allocating a small percentage (3-5%) of your portfolio to crypto can significantly boost returns.
Bitcoin's Outperformance:
YTD surge of over 46%, compared to the S&P 500's measly 15%.
ARK Invest's report shows Bitcoin's annualized returns trounced traditional assets over the past 7 years, averaging a whopping 44% compared to a mere 5.7%.
The Future of Crypto:
The optimal allocation of Bitcoin in a portfolio is on the rise, jumping from 1% in 2017 to nearly 20% in 2024 based on recent performance.
Ready to jump on the crypto train? Do your research and explore crypto options on Binance!
