Hindsight In 2020: Bitcoin Brings Investors 16x Returns Over The S&P 500

Whether or not it is investors preparing for the next big crypto market bull run, or simply due to Bitcoin's deflationary design, the asset has benefitted enormously in the post-pandemic world. Bitcoin year-to-date returns next to the S 500 and gold | Source: BTCUSD on TradingView.com Top Cryptocurrency Beats Gold ROI By Four-Fold, S 500 By 16x After the news that PayPal would be supporting cryptocurrencies, Bitcoin surged by over $1,000 in a single day taking the year-to-date returns for the asset to over 90% currently.

Gold even set a new record high this year, yet couldn't beat Bitcoin in ROI. Related Reading | Paul Tudor Jones: Bitcoin Is In First Inning, Like Investing In Apple Or Google Early The stock market, which has soared to new all-time highs following Black Thursday, and traded tightly correlated to crypto throughout 2020, only has 5% returns for the year to show for the rollercoaster ride investors have been one all year long.

Timeline of Bitcoin