Many people buy gold on Dhanteras. Some buy gold to wear and some for investment. Gold has been giving good returns in the last few years, however this time a special currency has created a stir in the market. It has even left gold behind. This currency has given more than double the return in a year. We are talking about the cryptocurrency bitcoin.
The history and current state of Bitcoin
At present, the price of bitcoin has crossed 70 thousand dollars (about 60 lakh rupees), which is close to its all-time high. Its all-time high price reached 73,798 dollars (about 62 lakh rupees) on March 1 this year.
Comparison of Returns
Gold has given a return of about 29% in the last one year, while Bitcoin has given a return of about 108%. A year ago, the price of one Bitcoin was around Rs 28.73 lakh, which has now increased to Rs 59.74 lakh. Thus, Bitcoin has more than doubled its investment in a year.
