100s of titles, one news app for just $10 a month.
Dive Deeper:
Get all your news in one place

Here's How Much $100 Invested In Bitcoin Today Will Be Worth If It Hits All-Time High Again

By Chris Katje

The cryptocurrency market is crashing this week and many of the largest coins haven’t been able to escape the carnage of a potential crypto winter. Here’s a look at how far Bitcoin (CRYPTO: BTC) is from its all-time high.

What Happened: The stablecoin TerraUST (CRYPTO: UST) and the cryptocurrency linked to it, Terra (CRYPTO: LUNA), are among the biggest decliners on the week and have creaed some level of panic for the cryptocurrency market.

Bitcoin, the most valuable cryptocurrency by market cap, has seen its value fall 21% over the last seven days. The coin is hitting levels that haven't been seen since July 2021.

The fall of the price of Bitcoin has also sent stocks that are tied to cryptocurrency mining and those that hold the coin like MicroStrategy Inc (NASDAQ:MSTR) lower. 

While the cryptocurrency could continue to fall, here’s a look at how buying the dip in Bitcoin now could turn out if the coin can rise again.

Related Link: Back To McDonald's?: Michael Saylor Pokes Fun At Himself With Price Of Bitcoin Falling 

Investing $100 in Bitcoin: Bitcoin was regaining 4.5% of its value over 24 hours and trading at $30,343 Friday afternoon. 

A $100 investment in the cryptocurrency could purchase 0.003295 BTC.

That $100 investment would turn into $226.66 if Bitcoin returns to its all-time high of $68,789.63 hit in November 2021.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.