Bitcoin's price has been very unpredictable lately. After a big jump to over $100,000, it dropped by more than 20% quickly. This makes people wonder if it's a good investment.
- Some believe Bitcoin will go up because of changes in US laws.
- Others say it's too risky because the price goes up and down dramatically.
- Bitcoin's price has had huge swings in the past, sometimes going up a lot, and sometimes crashing.
- There are many different cryptocurrencies, and it's hard to know which ones will succeed.
| Fact | Number |
|---|---|
| Highest Bitcoin price (post-election) | $100,000+ |
| Biggest drop after election | >20% |
| Number of cryptocurrencies | 10,761 |
| Bitcoin's average annualized return (2010-2024) | 160% |
