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Benzinga
Benzinga
Business
Adrian Zmudzinski

$100 Invested In BTC When Janet Yellen Was Photobombed With 'Buy Bitcoin' Would Be Worth This Much Now

Janet Yellen House Financial Services Committee United States US Federal Reserve

In 2017, as Federal Reserve Chairwoman Janet Yellen testified to the Congress on the state of the U.S. economy and fielded questions from the House Financial Services Committee members, a "Buy Bitcoin" sign was raised in the background. In this article, we will calculate how much was this advice really worth.

What Happened: The "Buy Bitcoin" sign was raised during Yellen's July 12, 2017, congressional hearing, according to a report by CoinDesk. At the time, Bitcoin was trading at about $2,400 after losing what was its all-time high of nearly $3,000 in the first half of June 2017.

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