By Matt Hussey
It’s been a bumpy year for bitcoin hodlers, but despite the rough ride, over the last 12 months, the price of the cryptocurrency has risen by more than 95% since this time last year.
On New Year’s Eve 2018, the price of bitcoin was sat at around $3,700, at the time of writing in 2019 however, the price has surged to around $7,300. That’s a 97.3% increase. Compared to other types of asset over the same time period, bitcoin has performed exceptionally. The Dow Jones Industrial Average rose 27.37%, and the UK FTSE 100 rose by a modest 14%. Not bad. But it’s been a test of nerves for investors this year.