If you have invested $ 1,000 in Bitcoin when Elon Musk said vibrant, BTC was his “safe word”, then here’s how much it will be today
Bitcoin BTC/USD In the past few years, the meteorite has changed its fortunes, the effect of perceptions, and its position as one of the most desirable origins, along with traditional heavy weights such as stocks and gold.
Investors who bought in the encrypted currency laugh now on their way to the bank.
What happened: Once again in 2020, Timing and Spacex CEO Elon Musk I presented a playful support from Bitcoin in X (previously twitter) mail.
The Bitcoin Bottom is my safe word, “in a publication dated December 20, while it appeared to be a sexual suggestion.
Soon after, an army of people gathered on his message, some agreed with sincerity and others refused to note.
While the publication was not a direct investment invitation, it came during a period of rapid growth of Bitcoin. Apex Cryptocurrency has crossed $ 20,000 for the first time, which is a big leap of $ 7,000 at the beginning of the year.
On that day of the post, Bitcoin price was about 23,861.77 dollars per coin. Let’s say that you were affected by the Musk suspension and immediately decided to invest $ 1,000 in the first place. It would have brought you 0.04190 BTC.
Disclosure: 82 % of CFD retail accounts lose money
Quickly forward to June 2025. BTC is trading at 104,542.75 dollars, which means that the original investment would have turned into $ 4381.18, which increases your return by 338 %.
See also: Forget the dollar: Willie Wu says that bitcoin will be priced against global GDP – “Gold was on this money, BTC is the competitor”
Congratulations if you have already invested! If not, it may be the right time to call phrases like “Life revolves around visits and mixed”, “There is no benefit from crying on pouring milk” and “Life gives you another chance.”
Bitcoin continues, for this issue, in the balloon, as it increased by 47 % over a year and 12 % on an annual basis.
Even Musk seems to have become serious in technology. Earlier this week, it was announced Xchat The correspondence program, claiming that it is a comprehensive encryption similar to Bitcoin.
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Compliment image: PAOPANO on Shutterstock