In the last 24 hours, Bitcoin (BTC) has scaled new heights by surging past the $59K mark. Currently, Bitcoin is trading at 59,381 at the time of writing, per data from Satoshi Nakamoto is the pseudonym used by the anonymous person who authored the BTC whitepaper and developed the Bitcoin network.
Bitcoin to close its best Q1 performance since 2013
Bitcoin’s current rally is expected to help the leading cryptocurrency accomplish its best Q1 performance since 2013, as acknowledged by digital asset firm Bloqport.
Crypto data provider Messari has also pointed out that BTC has emerged as the best performer in Q1 2021 after beating traditional assets, including global stocks, oil, gold, government bonds, and the world’s reserve currency, the US Dollar, among others. For this quarter, Bitcoin has grown by 103%, in contrast with 26% for oil and 3% for global stocks, respectively.