Bitcoin is poised to be one of the top-performing assets in 2023.

977Iti

Data provider Kaiko Research predicts that Bitcoin's performance this year will outpace major traditional assets. Despite challenging macroeconomic conditions and resistance in the crypto industry, Bitcoin is still up over 160% in 2023. Only a few company stocks have outperformed Bitcoin, including NVIDIA Corp (NVDA), whose stock has risen 241% year-to-date, surpassing Bitcoin's increase (163%). Kaiko's analysis divides the BTC price trend for the year into three phases. From March to October, BTC's trading price remained largely between $25,000 and $30,000, followed by a significant drop, reaching multi-year lows in mid-2023. However, with BlackRock applying for a Bitcoin spot ETF on June 15, Bitcoin's price rose above $40,000.

Kamal531

This is quite a lucrative endorsement.

Niti998

With just a few days left in 2023, is there still a need for predictions?

Ritu13

It has become a significant asset.