Coinspeaker
Bitcoin Returned 150% in 2023 but Still Less than Coinbase and BTC Miners, Matrixport Reveals
A recent Matrixport has compared Bitcoin’s performance to that of a few crypto firms, highlighting their year-to-date (YTD) increases. According to a Matrixport report, Bitcoin has already significantly outperformed the Nasdaq at +150%, over 53%. Current data from MarketWatch shows that Bitcoin has crossed 160%.
Although the world’s king coin’s performance has been impressive, others have bigger gains. For instance, major crypto exchange Coinbase Global Inc (NASDAQ: COIN) has climbed more than 333%, according to data from MarketWatch.
Matrixport Points Out Bitcoin Miners Scaling BTC’s YTD Gains
In addition to Coinbase, a few Bitcoin miners have also enjoyed heavy gains. For instance, HIVE Digital Technologies Ltd has climbed 164%, while Iris Energy Ltd (NASDAQ: IREN) has added 380%. Bitfarms Ltd (TSE: BITF) had the largest jump of the three at 601%, and 566% over the las
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