Bitcoin Turns in Top Performance for 2021, Outperforming Gold, Commodities and Other Major Asset Classes

Bitcoin (BTC) is the best-performing main asset class for three consecutive years, topping gold and massive fairness markets, in response to knowledge compiled by Compound Capital Advisors CEO Charlie Bilello.

In 2021, Bitcoin recorded a return of 66.5%, surpassing the features generated by the commodities index (41.4%) in addition to the 40.5% income printed by the US actual property funding trusts.

Bitcoin additionally carried out higher than the US Large Caps, an index that tracks the efficiency of the S&P 500, and the Nasdaq 100, an index comprising of the 100 largest firms buying and selling on the Nasdaq inventory alternate. The two indices recorded returns of 28.7% and 27.4% in 2021, respectively.

Bitcoin’s stellar efficiency this 12 months comes after BTC printed features of 301% in 2020 and 95% in 2019.

Source: Charlie Bilello/Twitter

The returns of the main crypto asset in 2021, nevertheless, pale in comparability to different digital belongings reminiscent of Shiba Inu (SHIB), Polygon (MATIC) and Terra (LUNA).

Meme coin Shiba Inu gained 3,413,999,900% in 2021. Blockchain scaling resolution Polygon rose 14,091% final 12 months whereas decentralized finance fee community Terra rose 12,954% over the identical timeframe.

Other cryptocurrencies that carried out comparatively higher than Bitcoin embrace Solana (SOL), a scalable blockchain designed to facilitate the event of decentralized functions, and meme crypto asset Dogecoin (DOGE). In 2021, Solana and Dogecoin recorded features of 11,146% and 3,602%, respectively.

Source: Charlie Bilello/Twitter

Charlie Bilello additionally tracks the efficiency of the crypto markets and says that the valuation of all digital belongings has grown from $10.6 billion on the finish of 2013 to $2.36 trillion as 2021 expired, a staggering 22,164% rise in eight years.

“Total Crypto market worth, finish of…

2013: $10.6 billion

2014: $5.5 billion

2015: $7.0 billion

2016: $17.5 billion

2017: $590 billion

2018: $128 billion

2019: $190 billion

2020: $768 billion

2021: $2.26 trillion.”

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Disclaimer: Opinions expressed at The Daily Hodl aren’t funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses you could incur are your accountability. The Daily Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Daily Hodl an funding advisor. Please notice that The Daily Hodl participates in online marketing.

Featured Image: Shutterstock/Richard Salamander/Chuenmanuse

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