RATE Group | Bitcoin SV 12-month Performance Surpasses Gold, Stocks & Other Digital Currencies
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Bitcoin SV 12-month Performance Surpasses Gold, Stocks & Other Digital Currencies

04 Apr Bitcoin SV 12-month Performance Surpasses Gold, Stocks & Other Digital Currencies

Posted at 12:59h in Bitcoin News by

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What was the best return on investment over the past 12 months across the different assets?

Infographic – https://mma.prnewswire.com/media/1141587/Bitcoin_SV_Infographic.jpg

Source: www.tradingview.com

By far the performing asset over the past 12 months was Bitcoin SV (BSV), which saw a +147.50% increase in its value—nearly three times the amount of BTC and seven times the return of a universal safe haven gold. Ethereum (ETH), which has the second largest market cap in the digital asset industry, actually regressed -7.8% in value.

The S&P 500 and DJIA who continued to ride the biggest bull run in stock market history in the recent month had a decline to experience negative yields overall. It didn’t make a difference though as it still fell short against BSV overall by a very large margin of over +150%. This disproves the theory that all digital assets are correlated with traditional markets, however this may still ring true for digital currencies that are speculative in nature…

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