Bitcoin's growing market valuation against the tech-heavy U.S. stock market index, highlighting its ability to break out every time after a period of strong consolidation.BTC/USD vs. Nasdaq Composite weekly price chart. Source: Tuur Demeester, StockCharts.com
BTC's price has grown from a mere $0.06 to as high as $69,000 more than a decade after its introduction to the market, as per data tracked by the BraveNewCoin Liquid Index for Bitcoin .That amounted to around a 64.50 million percent increase in Bitcoin's price since 2010. In comparison, in the same period come to be nearly 650% — from 20.99 points on June 22, 2020, to 171.54 as of Feb. 18, 2022. As a result, Bitcoin's market cap has grown to $755 billion compared to Nasdaq's $28.68 billion.Bitcoin's history so far has witnessed multiple periods of its
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