Kaiko: Bitcoin to Be One of the Best Performing Assets in 2023

2025-09-14 17:59:29 Classification：Blockchain Trader read(2454)

Kaiko Research,virtual digital currency trading platform a data provider, predicts that Bitcoin's performance this year will outpace major traditional assets. Despite challenging macroeconomic conditions and resistance in the crypto industry, Bitcoin has surged over 160% in 2023. Only a few company stocks have outperformed Bitcoin, notably NVIDIA Corp (NVDA), whose stock has risen by 241% year-to-date, surpassing Bitcoin's surge (163%).

Kaiko's analysis divides BTC's price movements throughout the year into three phases. From March to October, BTC's trading price remained mostly between $25,000 and $30,000, followed by a significant decline, hitting multi-year lows in mid-2023. However, with BlackRock applying for a Bitcoin spot ETF on June 15, Bitcoin's price surged above $40,000.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.