What could be better than a sumptuous Thanksgiving dinner? The roasted turkey, the delicious side dishes, the mouthwatering dessert, and some good old apple cider.
But hosting the dinner might sting a little, with expenses rising year after year.
Can Thanksgiving Costs Fuel Bitcoin Investment Choices?
Thanksgiving is a widely celebrated holiday in the U.S., centered around giving thanks and sharing a large meal with family and friends. This year, it falls on Nov. 27
This year, according to a LendingTree survey, the average American is expected to spend about $487 on food, drinks and decor, up 13% from last year and 34% from 2023.
With the costs of hosting the dinner rising, 19% of the people surveyed said they may reconsider doing so next year.
Average 2023 Thanksgiving CostAverage 2024 Thanksgiving CostAverage 2025 Thanksgiving Cost$362$431$487
See Also: Is The Stock Market Open On Thanksgiving? 2025 Holiday Schedule
While Thanksgiving dinner may be eating into your budget, a few assets have been fattening wallets instead.
Take Bitcoin (CRYPTO: BTC) for example. On Thanksgiving Day 2023, the apex cryptocurrency was worth $37,289.62 each. Today it’s worth 133% more.
So, if you invested the same money in Bitcoin as you did in organizing a Thanksgiving dinner in 2023, i.e, $362, it’d have grown to $844.12 today, enough to host a feast in 2025 without breaking the bank.
This remains the case even after Bitcoin descended from its all-time high of $126,198.07 last month amid a sharp market correction.
CryptocurrencyPrice (Recorded on Nov. 23, 2023)Price (Recorded at 5 a.m. ET)Gains +/-Bitcoin$37,289.62$86,952.92+133.183%
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