Bitcoin’s Four-Year CAGR Declines to Record Low of 8%
Bitcoin's CAGR has fallen to 8%, the lowest recorded level, according to Glassnode. This four-year period aligns with Bitcoin’s halving cycle and typical market trends.
- In March 2021, Bitcoin was trading around $60,000, near its previous market peak.
- The decline in CAGR indicates diminishing volatility and returns as Bitcoin matures.
- Reference points impact this metric; a potential bottom could be at $80,000 in March 2025.
- The Ethereum-to-Bitcoin ratio (ETH/BTC) has entered negative CAGR territory at 6%, indicating Ethereum's underperformance.
- Ethereum's price has remained flat since February 2021, currently below $2,000.
- The ETH/BTC ratio is at 0.024, its lowest since late 2020.
