Cryptocurrency
2023 Aftermath: By How Much Did Bitcoin Outperform S&P 500, NASDAQ, Dow Jones, and Gold?

It was another challenging year as one war continued without an evident conclusion (Russia-Ukraine), and another one broke out in the Middle East. Numerous countries are trying to fight off the increasing inflation, some with bigger success than others.
With just hours left of 2023, it’s interesting to compare the performance of the world’s largest stock market indexes, gold, which typically performs better during uncertain times, and Bitcoin – an asset that has been proclaimed dead numerous times in the past but still keeps coming back.
How Did Traditional Assets Perform in 2023
Starting with perhaps the most well-known US stock market index – the Standard and Poor’s 500. It tracks the performance of the 500 largest companies listed on stock exchanges in the US and is typically regarded as the benchmark that shows the health of the country’s financial state, at least in terms of large corporations.
It began the year at just over 3,820 points and quickly soared to 4,200 before returning to its starting position by March. The bulls stepped up on the gas in the following months, and the index jumped to 4,600 at the end of July. After another retracement, the S&P 500 finished the year strong and ended the last trading day of 2023 on December 29 at 4,769 – close to its all-time high.
In terms of percentages, the S&P 500 finished 2023 with a notable increase of roughly 25%. Although that seems quite impressive, one can easily see that most of the gains came from a few tech-related companies, such as Nvidia (245%).
Taking into consideration the aforementioned tech stocks, it’s logical that the Nasdaq Composite, which tracks mainly such assets, has soared the most from the indexes. In fact, the Nasdaq has outperformed almost all of its competitors with a 44.5% yearly surge that drove it from 10,386 at the start of 2023 to 15,011 at the end of it.
The Dow Jones Industrial Average, on the other hand, averts from tech-related stocks. The index that follows just 30 large US behemoths has increased by 13.74% in 2023 – from 33,136 to 37,689.
What About Gold?
The yellow metal is regarded as the most prominent safe haven asset that tends to outperform the more riskier stocks during turbulent times. The past few years indeed fall into such a category, which has affected gold’s performance and resulted in untypical volatility.
One ounce of gold cost $1,813 on the financial markets at the start of 2023. Similar to most assets, the bullion had a strong spring and soared past $2,000 in April and May. The trend reversed after the summer, and the precious metal found itself dumping hard to its 2023 starting price at the beginning of October.
After the Hamas-Israel war broke out, though, gold went on a tear. Its price against the dollar exploded by over $300 in less than two months and marked an all-time high of $2,150/oz on December 5.
Since then, the precious metal has lost some traction but still ended 2023 above $2,060, charting a yearly increase of 13.73%.
And Then, There’s Bitcoin
Bitcoin, alongside the rest of the crypto market, had a catastrophic 2022 due to industry collapses and adverse global events. As such, it entered 2023 at around $16,600. It didn’t take long before the asset broke out of its late-2022 nosedive. By January 13, it had soared past $20,000 and hadn’t looked back since, despite a few retracements along the way.
Then came reclaiming the $30,000 level, which was harder than anticipated. In fact, it took BTC several attempts to decisively overcome that level, which finally happened in late October.
Bitcoin kept climbing in the following weeks, which culminated in a price surge to nearly $45,000 in early December. It has lost some ground since then, and even though there’re still some hours left in 2023, it’s safe to assume that BTC will finish the year in a range between $42,000 and $43,000 unless something cataclysmic happens.
As such, Bitcoin’s YTD gains will be somewhere between 150% and 160%. This means that the cryptocurrency will trump all other large traditional finance assets mentioned above by a massive margin.
2024 has all the ingredients to be an even better year for Bitcoin, given the upcoming halving (usually serving as a catalyst for a bull market) and the potential approval of a spot BTC ETF in the States. Nevertheless, it’s worth noting that such an approval could serve as a sell-the-news moment, and history is no indication of future price performances.
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Cryptocurrency
BONK Explodes by 20% Daily as Bitcoin (BTC) Remains Solid at $108K: Weekend Watch

Bitcoin’s stagnation continues as the asset has made little to no attempt to move away from the $108,000 level.
While most larger-cap alts have produced insignificant gains, TON and BONK have emerged as the biggest gainers on a relatively calm Sunday morning.
BTC Calm at $108K
It has been a quiet period for the primary cryptocurrency. In fact, the latest major price moves came about two weeks ago – on June 23 and 24 – when it dumped to $98,000 before it soared past $105,000 a day later as the Middle East war was going rampantly.
Ever since then, though, the asset has been stuck in a tight trading range between $105,000 and $110,000. It tested the lower boundary on Wednesday, where the bulls stepped up and pushed it south toward the upper one.
On Thursday, BTC showed signs of a breakout attempt when it spiked to a multi-week peak of $110,500, but the bears stepped up at this point and didn’t allow a surge to a new all-time high.
The landscape has been somewhat unchanged since then, as bitcoin quickly returned to $108,000 and has not moved from that level for a few days. Its market capitalization stands strong at $2.150 trillion, while its dominance over the alts is at over 63% on CG.
BONK on the Run
As the graph below will demonstrate, most larger-cap alts are slightly in the green on a daily scale. Such minor increases are evident from the likes of ETH, BNB, SOL, TRX, DOGE, ADA, BCH, LINK, and XRP. In contrast, HYPE and PI have lost some traction over the past 24 hours.
The biggest gainers are TON and BONK. The former has risen by over 9% and sits at $3, while the meme coin has exploded by 20% and now trades at $0.000022.
The cumulative market cap of all crypto assets has remained relatively stable at $3.4 trillion on CG.
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Cryptocurrency charts by TradingView.
Cryptocurrency
We Asked 4 AIs How High Ripple (XRP) Will Go in 2025: The Answers Might Shock You

TL;DR
- Ripple’s price actions are a big prediction topic within the cryptocurrency community, with analysts and believers rushing to offer their insights and forecasts.
- However, we decided to take a different approach this time and asked four of the biggest AI chatbots (ChatGPT, Perplexity, Grok, and Gemini) about their take on the matter.
2025 Price Targets
All four AI solutions seemed very coherent about XRP’s price potential this year, as Perplexity explained it:
“Ripple’s (XRP) price in 2025 is broadly expected to rise significantly from current levels, with expert forecasts varying but generally bullish.”
Although Ripple’s cross-border token has stalled in the past few months and is actually slightly in the red since the start of the year, all AIs had similar conclusions about its price moves until the end of the year.
ChatGPT laid out three potential scenarios, with the conservative one being at $3.4, which would match the asset’s all-time (and yearly) high. The optimistic is set at $5-$6, and the “aggressive forecasts” put the token at $10-$15 by the end of the year.
Google’s Gemini had similar ideas in mind, saying that “a realistic high could be in the $5-$10 range.” Perplexity also joined the $5-$10 club, which could be reached under “favorable conditions” (more on that later).
Grok was slightly more specific and was the only one that said XRP can finish the year lower than its current price tag. It noted that a “realistic price range” for the asset this year is somewhere between $1.8 and $5.81. Although that’s a pretty wide range, it concluded that the most likely peak will come somewhere between $3 and $4.5.
The Favorable Conditions
When it came down to outlining the factors that could impact XRP’s price moves this year, the AIs were once again aligned in their answers. First, they mentioned regulatory clarity and the official conclusion of the lawsuit against the SEC.
Although Ripple CEO Brad Garlinghouse stated in March that the case had been resolved and there had been several developments on the matter, the judge overseeing the case has yet to agree fully.
Second, the AIs brought up institutional adoption and bullish partnerships, such as those with Santander, SBI Holdings, and others. A spot XRP ETF will also play a significant role in the asset’s price trajectory this year, if approved, said the chatbots. According to ETF experts, the current odds stand at nearly 100%.
Lastly, the AI solutions highlighted the overall crypto market trends:
“Bitcoin’s post-halving performance and a pro-crypto U.S. administration under President Trump could fuel bullish sentiment across the crypto market, benefiting XRP,” – answered Grok, which was similar to what the others had to say.
Despite these bullish predictions for 2025, all four chatbots clarified that these are just that – speculative forecasts that might or might not come to fruition. Investors should do their own research before allocating funds to any cryptocurrency (or other asset, for that matter).
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Cryptocurrency
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

If pseudonymous analyst Weslad is to be believed, Ethereum (ETH) is caught in a tug-of-war between wildly differing futures: a historic surge past $6,000 or a soul-sapping plunge to $1,800.
The market technician claims that ETH is completing a massive ABCDE wave structure within a years-long “symmetrical pennant,” which can only mean one thing: explosion.
The Roaring Bull Case
In a recent breakdown, Weslad explained that Ethereum’s price action since its $4,851 all-time high has formed a giant consolidation pattern. According to him, this structure is now approaching a critical inflection point known as wave D, testing its upper boundary.
At the same time, a bullish Inverse Head and Shoulders (IH&S) pattern is emerging on the daily chart, with its neckline acting as stubborn resistance near $2,855.
This technical confluence suggests a coiled spring ready to unleash tremendous energy into the market, leading the analyst to state unequivocally:
“A confirmed breakout above the neckline [$2,855] would likely validate both the IH&S and the breakout from wave D, setting the stage for a potential expansion move toward the $6,000 target and beyond.”
Weslad’s audacious target found an ally in fellow strategist Jeremy Fielder, who declared in a video posted on X:
“We’re looking at $6,500 Ethereum by the end of the year and then a possible 10,000 Ethereum in early next year… Regulation is now pro-crypto. That’s all you need to know.”
He based his argument on the accelerating adoption of Web3 and a favorable regulatory shift, dismissing granular metrics in favor of a sweeping bullish tide.
While not as lofty a milestone as Weslad’s and Fielder’s, market watcher Titan of Crypto’s $4,100 target is not far off the ballpark. His thesis is hinged on Ethereum’s successful recovery back inside its crucial weekly trading range, noting that momentum is building towards the range high.
Looming Bear Trap
But don’t celebrate just yet. Weslad’s otherwise bullish analysis also comes with a stark warning for the downside scenario. He suggested that if ETH faces rejection at the critical $2,855 neckline resistance or the upper boundary of the pennant, a retracement into wave E becomes highly probable.
According to him, this trajectory would drag the price down towards a “high-confluence demand zone” spanning $1,400 to $1,800. That’s a potential 40% collapse from current levels.
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