CandleFocus

Bitcoin Delivers 26,931% 10-Year Return, While Stocks Gain 193% and Gold 126%: Analysis

Bitcoin has delivered an impressive return of 26,931% over the past decade, outperforming the S&P 500 and gold, despite its volatility. A recent study shows that Bitcoin has shown significant growth and has been a top-performing asset during specific economic cycles. In comparison, the S&P 500 achieved a return of 193.3% and gold gained 125.8% over the same period. Bitcoin's correlation with the S&P 500 has strengthened in recent years, particularly during global economic events like the COVID-19 pandemic. However, its correlation with gold has remained inconsistent. Bitcoin has experienced two major bull cycles marked by significant price swings, driven by halving events. Despite its volatility, Bitcoin is currently trading at $107,440 with a 3.67% increase in the past 24 hours.

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