So if Bitcoin stays above US$34,000, that is up 18% and if it can get to US$35,000 by tomorrow morning, that is up 22% from where it was at, when the ASX stopped trading last Thursday afternoon (it was US$28,731 at 2pm on 31/12/2020).
The December Market update from DCC is going to show some great returns from the DigitalX Bitcoin Fund, and at this rate, the January Market Update is going to be even better. The % gains on the fund are going to be excellent and I'm sure this Bitcoin boom would have attracted many new investors to the fund as well.
A lesson in valuations,, page-50
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