$BTC đ¨THANKSGIVING 2023 TO THANKSGIVING 2024: A YEAR IN REVIEW FOR CRYPTOCURRENCIES
Let's take a look at how a $1,000 investment in three popular cryptocurrencies - Bitcoin, Ethereum, and Dogecoin - would have performed from Thanksgiving 2023 to Thanksgiving 2024.
Bitcoin:
A $1,000 investment in Bitcoin on Thanksgiving 2023 would have purchased approximately 0.0266 BTC. Today, that investment would be worth around $2,563.18, representing a 156.3% increase.
Ethereum:
A $1,000 investment in Ethereum on Thanksgiving 2023 would have purchased approximately 0.4789 ETH. Today, that investment would be worth around $1,742.85, representing a 74.3% increase.
Dogecoin:
A $1,000 investment in Dogecoin on Thanksgiving 2023 would have purchased approximately 13,097.92 DOGE. Today, that investment would be worth around $5,261.43, representing a 426.1% increase.
Combined Portfolio:
A $3,000 investment in these three cryptocurrencies would be worth around $9,567.46 today, representing a 218.9% increase.
For comparison, a $1,000 investment in the SPDR S&P 500 ETF Trust, which tracks the S&P 500 stock market index, would be worth around $1,311.44 today, representing a 31.1% increase.
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