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On December 5th, the price of Bitcoin broke through $100000 per coin for the first time. As of 5:00 pm on the same day, Bitcoin was trading at $102800 per coin, up more than 6% during the day and setting a new historical high. Looking at it over time, at the beginning of 2015, the price of Bitcoin was only about $314 per coin, and it skyrocketed 325 times in ten years.
In sync with Bitcoin, Nvidia's gains over the past decade are on par with Bitcoin. According to the data, as of the close on December 4th, Nvidia's stock price was reported at $145.14 per share, an increase of 324 times compared to the beginning of 2015 (less than $0.5 per share).
Although the ten-year growth rate is similar, Nvidia's current market value far exceeds Bitcoin. The total amount of Bitcoin remains constant at 21 million, and based on this calculation, the current market value is approximately $2.15 trillion; And Nvidia's latest market value is as high as $3.55 trillion, making it the second largest listed company in the world by market value, second only to Apple ($3.67 trillion).
Regarding the recent surge in Bitcoin, AJBell investment analyst Dan Coatsworth stated that Bitcoin has broken through $100000 for the first time, but investors should remain cautious about chasing the price. He said that the rise of Bitcoin is "easy to forget", but Bitcoin "has risen and fallen quickly many times in the past, which is definitely not an investment suitable for cautious people".
Tags: YingWei
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