Bitcoin's four-year compound annual growth rate fell to a historical low of 8%.

PANews reported on March 12th that, according to Glassnode data, the four-year compound annual growth rate (CAGR) of BTC has dropped to the lowest level on record, which is 8%. The choice of the four-year period is to be consistent with the Halving cycle of BTC, and also covers the typical Bull Market/Bear Market cycle, which often follows a similar time frame. In March 2021, four years ago, the trading price of Bitcoin (BTC) was around $60,000, close to the peak of the previous market cycle. As Bitcoin assets mature, their volatility and returns are expected to decrease over time, leading to a decline in the compound annual growth rate. However, this metric is highly dependent on the reference point. In 2021, BTC experienced a stage of skyrocketing to the top at the beginning of the cycle, while by March 2025, $80,000 may mark the arrival of the cycle's bottom. The ratio of ETH/BTC has entered the negative compound annual growth rate area, which is 6%, reflecting the poor performance of Ethereum relative to BTC. This decline is mainly due to the fact that since February 2021, the price of Ethereum has remained relatively stable, currently below $2,000. Currently, the ETH/BTC ratio is 0.024, the lowest level since the end of 2020.