If You Invested In Bitcoin What You Spent Hosting Thanksgiving Dinner In 2023, Here’s How Much You’d Have This Holiday Season

What might be higher than a luxurious Thanksgiving dinner? The roasted turkey, the scrumptious aspect dishes, the mouthwatering dessert, and a few good outdated apple cider.

However internet hosting the dinner would possibly sting just a little, with bills rising 12 months after 12 months.

Can Thanksgiving Prices Gas Bitcoin Funding Selections?

Thanksgiving is a broadly celebrated vacation within the U.S., centered round giving thanks and sharing a big meal with household and mates. This 12 months, it falls on Nov. 27

This 12 months, based on a LendingTree survey, the common American is anticipated to spend about $487 on meals, drinks and decor, up 13% from final 12 months and 34% from 2023.

With the prices of internet hosting the dinner rising, 19% of the folks surveyed mentioned they might rethink doing so subsequent 12 months.

See Additionally: Is The Stock Market Open On Thanksgiving? 2025 Holiday Schedule

Whereas Thanksgiving dinner could also be consuming into your price range, a number of property have been fattening wallets as an alternative.

Take Bitcoin (CRYPTO: BTC) for instance. On Thanksgiving Day 2023, the apex cryptocurrency was price $37,289.62 every. Right now it’s price 133% extra.

So, if you happen to invested the identical cash in Bitcoin as you probably did in organizing a Thanksgiving dinner in 2023, i.e, $362, it’d have grown to $844.12 immediately, sufficient to host a feast in 2025 with out breaking the financial institution.

This stays the case even after Bitcoin descended from its all-time high of $126,198.07 final month amid a pointy market correction.

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