The world’s most popular cryptocurrency, Bitcoin, has gone above a major price resistance and is in bull run territory.
Bitcoin IRA is the world’s first, largest, and most secure digital asset IRA technology platform allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts. The increase in the price of Bitcoin has benefited individual investors who added cryptocurrencies to their retirement accounts and as a result are seeing sizable gains in their portfolios relative to other investment assets.
Crypto is the Best Performing Asset Class in 2020
Bitcoin has passed $18,000 as of November and is now only 10% away from reaching its 2017 all-time high price, which is around $19,700. Since January 2020, Bitcoin is now up around 158% which far exceeds the S&P 500, up approximately 10%, the Dow which is up around 3%, and the Nasdaq Composite, up approximately 36%. Other leading cryptocurrencies are up even more in 2020 including Ethereum, Chainlink, and XRP, up around 365%, around 751%, and 207% respectively.
Recommended AI News: TreasuryXpress Receives The IDC 2020 SaaS TMS Customer Satisfaction Award
Bitcoin IRA’s Clients have seen Dramatic Gains to their Retirement Accounts
Bitcoin IRA clients that purchased Bitcoin, and are still holding onto the assets, have had a positive return for their accounts. If they purchased around the new year of 2019 when Bitcoin was approximately $7,200, their retirement accounts would be up 158%, the same increase in the price of Bitcoin this year.
As a result, Bitcoin IRA has had over $60M in transactions so far in 2020 and $500 million in total transactions since the company started in 2016.
Recommended AI News: Workspot’s Desktop Cloud SaaS Platform Helps AEC Firm Torti Gallas + Partners Support Remote Work And Increase Business Agility
What’s Next for Crypto?
PayPal recently announced they are offering crypto to their 350 million users and 26 million merchants, JP Morgan announced the official launch of their blockchain project, and 80% of all central banks around their world are planning a digital currency.
Bitcoin’s price may grow to $318,000 by the end of 2021, according to a Citibank analyst and a popular crypto researcher, Willy Woo, believes Bitcoin’s bull run is just beginning.
Recommended AI News: Cymulate Now Available In AWS Marketplace
Thank you for the good writeup. It in reality used to be a entertainment account it.
Look advanced to far delivered agreeable from you! By the way, how could we be in contact?
Copper scrap market trends Value of Copper scrapCopper scrap importers Metal scrap reclamation plant
Scrap Copper cable stripping tools, Scrap metal reclamation industry, Copper scrap advertising campaigns