Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset.

06 Jul 2023, 08:00

Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500, Russell 2000, spot gold, the U.S. Dollar Index, and the Japanese yen, among numerous others. Moreover, amidst the top assets ranked by market capitalization, BTC soared an impressive 14 positions, climbing to become the 12th largest asset based on market valuation since the conclusion of 2022. Bitcoin Defies Odds Among the World’s Most Valuable Assets and CurrenciesIn stark contrast to the challenging “Crypto Winter” experienced throughout 2022, bitcoin has shown remarkable resilience this year. In the first half of 2023, BTC surged by over 80% against the U.S. dollar, solidifying its position as one of the standout performers among a vast array of global assets. This impressive achievement was highlighted by Colin Wu, a Chinese journalist known for blockchain reporting, who took to Twitter on July 1 to share the market performance of BTC alongside a multitude of other prominent assets.