Buyers who’ve put cash into main U.S. indices have loved respectable returns since March 2020. In truth, the SPDR S&P 500 ETF SPY, Invesco QQQ Belief Sequence 1 QQQ and SPDR Dow Jones Industrial Common ETF Belief DIA have returned 60.82%, 61.40% and 54.17% because the backside of U.S. markets in 2020.
Nearly as good as traders within the main U.S. indices have had it in recent times, cryptocurrency bulls have had it that significantly better. Cryptocurrency and tech bulls who purchased in March 2020 and held by way of when U.S. markets bottomed out, regardless of the marked volatility, have been handled to epic returns on their funding.
Winners Since March 2020: Right here’s how a lot $1,000 in every of the next cryptocurrencies again on the backside of U.S. markets in 2020 can be value at present, based on knowledge from Benzinga Pro:
- Ethereum Traditional ETC/USD: $6,277.40
- Dogecoin DOGE/USD: $40,466.50
- Ripple XRP/USD: $3,923.10