How has Bitcoin performed compared to the top stocks? – News Couple
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How has Bitcoin performed compared to the top stocks?


Bitcoin has grown to become one of the preferred investment options in recent times. Its popularity among investors can be attributed to the returns that the assets have brought in its decade of existence. It is one of the few assets that has consistently served as a hedge against inflation with huge gains for its holders. Seeing these gains, more investors wanted a bigger slice of the pie.

Until 2009, bitcoin was not an investment option for anyone. Until then, it was still not widely known to the general market. Stocks were at the forefront of investing minds at that point and investors saw gains at various points.

Related reading | JPMorgan analysts put the fair value of Ethereum at $1,500, with a bullish outlook for Bitcoin

Some stocks were incredibly profitable during this time period as well. One example is the Tesla stock, whose success put ARK Invest CEO Cathy Wood in the spotlight, after her stock call came to fruition. Let’s see how Bitcoin has performed compared to the top performing stocks on Wall Street.

versus bitcoin. anyone else

Many of the assets traded in the financial market are much older than Bitcoin. The Bitcoin (BTC) market is still in its pre-teens, still in its infancy. However, this did not stop the growth of the asset, making it the number one competitor in the financial markets. Comparing the top stocks and markets to BTC shows a stark contrast to how well the digital asset performs better than the others.

BTC price trading above $63K | Source: BTCUSD on TradingView.com

In the past decade, Bitcoin has returned over 3,000,000% positive gains on its investments, according to Report from Watcher Guru. The cost of one BTC was as low as $0.0008 when it was first issued in 2009. Over the years, the asset has grown a lot, reaching an all-time high of around $67,000 in October.

By comparison, high-performing stocks show modest returns. Tesla has been one of the best-performing stocks of the past decade, but even the automaker’s gains don’t come close to BTC returns. Tesla is back 22,520%, Nvidia is back 8,435%, and gold has seen a disappointing 14% negative return in the past 10 years.

catch up with market value

Another interesting metric to compare is the market value of the most important assets in the financial industry. BTC does not top this list as it does in terms of returns. However, the age difference for all the assets in this list paints an interesting future for both the past and the future for the assets in this category.

Related reading | The fractal that puts Bitcoin at $100,000 before the end of the year

Although Bitcoin is only 12 years old at this point, it has outperformed well-known and long-running asset classes in terms of market capitalization. For example, the market capitalization of BTC is almost as large as that of Tesla. It also outperforms the market capitalization of Facebook and Nvidia, both of which are older than the digital asset in the market. Its market capitalization of $1.15 trillion makes it the number one competitor in the financial markets

An interesting trader on this list is Ethereum, the second largest cryptocurrency by market capitalization. Ethereum, which is only five years old, has a market capitalization of $533 billion. This number makes it an asset more valuable than big names such as JPMorgan Chase, Visa and Alibaba.

Featured image from Forbes, chart from TradingView.com





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