Amid the volatile price movements in the crypto market, Bitcoin remains the most valuable crypto asset, with a market cap valuation reaching up to $2 trillion. However, it may not be all rosy for Bitcoin as stats show that the compound annual growth rate (CAGR) for the asset is on a decline.
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Bitcoin (BTC) CAGR Records YTD Low
Within the last year, the Compound Annual Growth Rate (CAGR) of Bitcoin’s price gained 14% in value, its lowest over a 4-year metric period. The CAGR is calculated based on the average year-on-year growth of Bitcoin over the past four years. Meanwhile, it can be argued that the potential bull run in the coming months could significantly bump Bitcoin’s CAGR for the year.
So far, Bitcoin’s price has declined by 11% in t
Waves konwertuje stablecoin USDN na token indeksowy
Twórcy nieudanego algorytmicznego stablecoina USDN chcą uratować projekt przed upadkiem zmieniając go w token indeksowy. Twórcy algorytmicznego stablcoina…