BTC YTD Performance 2nd to Gold but 308,709x Higher Total Return Since 2011

Bitcoin slipped 0.11% prior to now 24 hours to $116,702, in accordance to CoinDesk Data, but stays up 25% yr to date, second solely to gold’s 29% acquire amongst main asset lessons, in accordance to information shared by monetary strategist Charlie Bilello on X.

2025 Performance to this point

As of Aug. 8, bitcoin’s 25% year-to-date return ranked behind solely gold’s 29.3% advance. Other main asset lessons have posted extra modest beneficial properties, with rising market shares (VWO) up 15.6%, the Nasdaq 100 (QQQ) up 12.7% and U.S. massive caps (SPY) rising 9.4%. Meanwhile, 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 run, bitcoin has delivered a unprecedented 38,897,420% whole return since 2011 — a determine that dwarfs all different asset lessons within the dataset. Gold’s 126% cumulative return over the identical interval places it in the course 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 on Bilello’s figures, bitcoin’s whole 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 acquire 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, but its tempo of appreciation has been far slower than bitcoin’s exponential climb.

Gold vs. bitcoin, in accordance to Peter Brandt

Renowned 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 think gold is a great store of value — and it is. But the ultimate store of value will prove to be bitcoin,” he mentioned 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.

Technical Analysis Highlights

• According to CoinDesk Research’s technical evaluation information mannequin, between Aug. 8 at 21:00 UTC and Aug. 9 at 20:00 UTC, bitcoin traded inside a $1,534.42 vary (1.31%) from $116,352.52 to $117,886.44.
• Price opened close to $116,900 and moved sideways earlier than surging throughout Asian hours, climbing from $116,440 to $117,886 between 05:00 UTC and 10:00 UTC on Aug. 9, with 24-hour buying and selling quantity exceeding 9,000 BTC throughout these intervals.
• Strong shopping for emerged close to $116,420 at 05:00 UTC, whereas promoting stress intensified across the $117,886 excessive.
• Bitcoin closed the session at $116,517, down 0.32% from the open, with outlined assist at $116,400–$116,500 and resistance at $117,400–$117,900
• In the ultimate hour of the evaluation interval (Aug. 9, 19:06–20:05 UTC), bitcoin remained beneath downward stress inside a $195.11 band, sliding from $116,629.40 to $116,519.29 (-0.09%).
• The largest final-hour quantity spike occurred at 19:27 UTC, when 296.43 BTC modified palms as value examined $116,547 assist.
• Recovery makes an attempt have been repeatedly capped close to $116,600–$116,713, in keeping with earlier intraday resistance.

Disclaimer: Parts of this text have been generated with the help from AI instruments and reviewed by our editorial workforce to guarantee accuracy and adherence to our requirements. For extra data, see CoinDesk’s full AI Policy.