Bitcoin’s Last 5 Years ROI Is 70x Higher Than Average Return Of Five Major Indices

Tuesday, 30 June 2020, 7:07 am
Press Release: Buy Shares UK

Data gathered by Buyshares.co.uk
shows that over the last five years Bitcoin’s Return
of Investment was 70.16 times higher compared to the average
of five major indices. According to the data, the average
ROI for the researched fives indices was
49.27%.

Major indices plunge in the wake of
coronavirus pandemic

According to the data, between
June 26, 2015, and June 26, 2020, Bitcoin ROI was 3,456.98%.
The overviewed indices include NASDAQ, S&P 500, Dow
Jones, NIKKEI, and FTSE 100.

Analyst Peter Brandt Challenged Binance About 88% BTC Crash By CoinQuora

October 26, 2021

Bitcoin briefly crashed 87% to about $8,000 on Binance’s US crypto trading platform

October 21, 2021

The NASDAQ index had the
highest Return of Investment at 96.77% followed by The
S&P 500 at 46.23%. In the third slot, there is the Dow
Jones index with an ROI of 42.16%. Japan’s NIKKEI had the
fourth-highest ROI at 11.94%. Finally, the FTSE 100 is the
only index with negative returns at -6.96%.

Buyshares.co.uk‘s
research also compared the Return of Investment between
Bitcoin and the major indices based on Year-to-Date
statistics. Bitcoin had the highest ROI at 28.71%. NASDAQ
had the second ROI of 8.74%, to emerge as the only index
with a positive return between January 1st and June 26 this
year.

NIKKEI’s returns stood at -4.83% followed by
S&P 500 with a Return of Investment at -6%. On the other
hand, Dow Jones had the fourth highest returns at -12.34%.
Lastly, FTSE 100 (FTSE) had the worst ROI at
-18.33%.

Various factors have contributed to the
recent crash of the leading indices offering Bitcoin a
golden opportunity to thrive. According to Buyshares.co.ke research
report:

“With coronavirus pandemic that led to the
traditional market crash, many view Bitcoin as an
alternative store of wealth. Bitcoin fans consider the
pandemic as the catalyst for elevating the cryptocurrency to
the digital gold.”

The current crash will offer
investors a chance to put money in stocks with the hope to
reap
later.

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