How much R1,000 in Bitcoin bought in the past 10 years would be worth today

The cryptocurrency has surged to record highs this month in what analysts have dubbed the “Trump-pump”.

R1,000 in Bitcoin bought a decade ago would be worth around R352,880 in November 2024, making for a far better investment than the vast majority of listed companies in the world.

The SEC has been accused of unilaterally wrestling regulatory authority on the crypto industry away from US states. However, other Bitcoin watchers have said that the current price surge was always expected due to its cyclical nature. MyBroadband calculated just how good the Bitcoin faithful had it amid the crypto market rally by analysing how much R1,000 in the cryptocurrency bought over the past 10 years would be worth in November 2024.

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