Bitcoin slipped 0.11% prior to now 24 hours to $116,702, based on CoinDesk Information, however stays up 25% yr to this point; this year-to-date (YTD) efficiency is second solely to gold’s 29% achieve amongst main asset courses, based on information shared by monetary strategist Charlie Bilello on X.
2025 Efficiency to date
As of Aug. 8, bitcoin’s 25% year-to-date return ranked behind solely gold’s 29.3% advance. Different main asset courses have posted extra modest positive aspects, with rising market shares (VWO) up 15.6%, the Nasdaq 100 (QQQ) up 12.7% and U.S. massive caps (SPY) rising 9.4%. In the meantime, U.S. mid caps (MDY) and small caps (IWM) 0.2% have solely gained 0.8%, respectively. This marks the primary time gold and bitcoin have occupied the highest two positions in Bilello’s annual asset class rankings since data started.
2011–2025 Cumulative returns
Over the long term, bitcoin has delivered a unprecedented 38,897,420% complete return since 2011 — a determine that dwarfs all different asset courses within the dataset. Gold’s 126% cumulative return over the identical interval places it in the midst of the pack, trailing fairness benchmarks just like the Nasdaq 100 (1101%) and U.S. massive caps (559%), in addition to mid caps (316%), small caps (244%) and rising market shares (57%). Based mostly on Bilello’s figures, bitcoin’s complete return has exceeded gold’s by greater than 308,000 instances over the previous 14 years.
2011–2025 Annualized returns
When measured on an annualized foundation, bitcoin’s dominance is equally clear. The flagship cryptocurrency has delivered a 141.7% common annual achieve since 2011, in contrast with 5.7% for gold, 18.6% for the Nasdaq 100, 13.8% for U.S. massive caps and 4.4% to 16.4% for different main fairness and actual property indexes. Gold’s long-term stability has made it a invaluable hedge in sure market cycles, however its tempo of appreciation has been far slower than bitcoin’s exponential climb.
Gold vs. bitcoin, based on Peter Brandt
Famend dealer Peter Brandt weighed in on Aug. 8, contrasting gold’s deserves as a retailer of worth with bitcoin’s potential to surpass all fiat options. “Some suppose gold is a superb retailer of worth — and it’s. However the final retailer of worth will show to be bitcoin,” he stated on X, sharing a long-term chart of the U.S. greenback’s buying energy. His feedback echo the rising narrative that bitcoin’s shortage and decentralization make it uniquely positioned to outperform conventional hedges over time.
Wanting Forward
Bitcoin’s capability to carry above six figures in 2025 whereas sustaining a top-two efficiency amongst main belongings underscores its resilience in a unstable macro backdrop. Merchants are watching whether or not it may retest the yr’s peak close to $123,000, whereas long-term holders level to its outperformance since 2011 as proof of its endurance. Market contributors say upcoming macro information and threat urge for food throughout equities and commodities may set the tone for the subsequent leg.