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Joe Burnett: Bitcoin up 309% since FTX collapse, outpacing gold and equities

Joe Burnett: Bitcoin up 309% since FTX collapse, outpacing gold and equities
Bitcoin 309% gain since FTX collapse

Bitcoin has risen 309% since the collapse of FTX four years ago, while gold gained 138%, the Nasdaq rose 132%, and the S&P 500 increased 92% in the same period.

Joe Burnett said that even though Bitcoin remains 39% below its high, its compound annual growth rate since FTX's collapse is 42%. Burnett also stated his preference for Bitcoin, commenting, "I like the coin."

Burnett previously commented on a reported $5.5 billion Binance theft, calling it potentially history's largest, while pointing out Bitcoin's resilience at the time. In a separate note, he also tracked Strive’s milestone as it overtook Atlanta Braves Holdings in market cap despite a much smaller workforce. These events highlight Burnett’s continued focus on notable shifts within both crypto and traditional markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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