Crypto investors who bought Bitcoin (BTC) in 2024 saw an average return of 40%, according to a measurement known as the “realized price.”
While a 40% return is impressive, it is less than half the 110% gain seen in Bitcoin over the course of last year.
Bitcoin began 2024 trading at $44,000 U.S. and finished the year on Dec. 31 at $92,382 U.S. However, Bitcoin did hit an all-time high of around $110,000 U.S. in November of last year.
The realized price is the average value of all Bitcoin calculated at the price at which the tokens last moved on-chain.
While that value is around $41,000 U.S. for Bitcoin since its inception in 2009, for coins bought last year it was $65,901 U.S.
This means that Bitcoin buyers in 2024, on average, are sitting on an unrealized profit of 40%. Bitcoin would have to decline 31% for last year's investors to return to break-even price levels.
Bitcoin is currently trading at $99,250 U.S. per digital token. It remains the largest cryptocurrency by market capitalization.
