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2020 to 2024 performance Flash News List | Blockchain.News
Flash News List

List of Flash News about 2020 to 2024 performance

Time Details
2025-10-03
00:40
Altcoin Daily cites 2020 Wall Street skepticism of BTC, ETH, SOL; data-backed 2020–2024 returns and ETF approvals underscore crypto outperformance

According to @AltcoinDaily, a 2020 anecdote from a Wall Street wealth advisor dismissed BTC, ETH, and SOL on power-outage risk, highlighting how early skepticism contrasted with subsequent market performance (source: @AltcoinDaily post on X dated Oct 3, 2025). From October 2020 to October 2024, BTC rose from roughly $10k–14k to above $60k, reflecting multi-year outperformance for long-term holders (source: CoinMarketCap BTC historical data; Yahoo Finance BTC historical data). Over the same window, ETH advanced from about $350–400 to around $3.2k–3.6k, materially outperforming major equities on a total return basis (source: CoinMarketCap ETH historical data; Yahoo Finance ETH historical data). SOL climbed from roughly $1–3 in 2020 to about $140–160 by October 2024, delivering outsized gains relative to most risk assets (source: CoinMarketCap SOL historical data; Yahoo Finance SOL historical data). Institutional validation increased with U.S. SEC approvals for spot Bitcoin ETFs in January 2024 and subsequent approvals enabling spot Ethereum ETFs to begin trading in 2024, supporting broader capital access and liquidity for BTC and ETH (source: U.S. Securities and Exchange Commission orders and filings in 2024). Traders should note the path involved severe drawdowns in 2022, including peak-to-trough declines of roughly 77 percent for BTC, about 82 percent for ETH, and over 90 percent for SOL, underscoring the need for risk management despite long-run gains (source: CoinMarketCap historical drawdown calculations using daily price data).

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