Bitcoin Compound Annual Growth Rate from 2013 to 2024: A Comprehensive Analysis

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Bitcoin, as a leading cryptocurrency, has shown remarkable growth from 2013 to 2024. The compound annual growth rate （CAGR） for Bitcoin during this period highlights its potential as a high-return investment product. In 2013, Bitcoin was valued at around $13, and by 2024, it reached approximately $60,000, resulting in a CAGR of over 100% in some calculations. This growth reflects the increasing adoption and market confidence in Bitcoin as a digital asset.

Factors influencing Bitcoin\“s CAGR include regulatory developments, technological advancements, and macroeconomic trends. Investors often use CAGR to assess the performance of Bitcoin compared to traditional assets, making it a key metric for evaluating this cryptocurrency product. Despite volatility, Bitcoin\“s long-term CAGR demonstrates its resilience and appeal in the financial markets.