Bitcoin Update: BTC’s Year-to-Date Performance Second Only to Gold, Surpassing Total Returns by 308,709x Since 2011
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<img src="https://cdn.sanity.io/images/s3y3vcno/production/4f786619b854ebe02dd601c5210a176427559020-1526x936.png?auto=format&w=1920&h=1080&crop=focalpoint&fit=clip" /><br>Bitcoin experienced a slight decline of 0.11% over the past 24 hours, bringing its value to $116,702, as per CoinDesk data. However, it remains up 25% for the year to date, second only to gold’s 29% gain, according to insights from financial strategist Charlie Bilello shared on X.
2025 Performance So Far
As of August 8, Bitcoin's year-to-date return of 25% ranks below gold’s impressive 29.3% increase. Other significant asset classes have seen more modest rises, with emerging market stocks (VWO) up 15.6%, the Nasdaq 100 (QQQ) rising 12.7%, and U.S. large caps (SPY) gaining 9.4%. Meanwhile, U.S. mid caps (MDY) and small caps (IWM) have only managed gains of 0.8%.
This marks the first occasion where gold and Bitcoin have claimed the top two spots in Bilello’s annual asset class rankings since tracking began.
2011–2025 Cumulative Returns
Over the long term, Bitcoin has recorded an astounding total return of 38,897,420% since 2011, significantly exceeding all other asset classes in the dataset. In comparison, gold’s 126% cumulative return places it in the middle tier, trailing behind benchmarks like the Nasdaq 100 (1101%) and U.S. large caps (559%), along with mid caps (316%), small caps (244%), and emerging market stocks (57%). According to Bilello’s analysis, Bitcoin’s total return has outstripped gold’s by over 308,000 times in the previous 14 years.
2011–2025 Annualized Returns
When assessed on an annualized basis, Bitcoin's supremacy is evident. The leading cryptocurrency has achieved an average annual gain of 141.7% since 2011, whereas gold’s average stands at 5.7%. Comparatively, the Nasdaq 100 boasts a return of 18.6%, U.S. large caps yield 13.8%, and other major equity and real estate indexes fall between 4.4% to 16.4%. While gold’s long-term stability makes it a valuable asset during certain market cycles, its appreciation rate pales in comparison to Bitcoin's potent ascent.
Gold vs. Bitcoin, According to Peter Brandt
Noted trader Peter Brandt commented on August 8, highlighting gold’s value retention capabilities alongside Bitcoin’s potential to surpass all traditional fiat options. “Some regard gold as a reliable store of value — and it is. However, Bitcoin is poised to be the ultimate store of value,” he noted on X, including a long-term chart of the U.S. dollar’s purchasing power. His observations align with the growing sentiment that Bitcoin’s limited supply and decentralized nature position it to outperform traditional safe havens over time.
Technical Analysis Highlights
According to CoinDesk Research’s technical analysis model, from August 8 at 21:00 UTC to August 9 at 20:00 UTC, Bitcoin traded within a $1,534.42 range (1.31%), moving from $116,352.52 to $117,886.44. The price opened close to $116,900 and showed sideways movement before climbing during the Asian market hours, ascending from $116,440 to $117,886 between 05:00 UTC and 10:00 UTC on August 9, with 24-hour trading volume surpassing 9,000 BTC during this period.
Strong buying activity was observed around $116,420 at 05:00 UTC, while selling pressure increased near the $117,886 peak. Bitcoin wrapped up the session at $116,517, down 0.32% from the opening, indicating support between $116,400 and $116,500, with resistance between $117,400 and $117,900.
During the final hour of the analysis period (August 9, 19:06–20:05 UTC), Bitcoin remained under downward pressure within a $195.11 band, declining from $116,629.40 to $116,519.29 (-0.09%). The most significant volume spike in the final hour occurred at 19:27 UTC, with 296.43 BTC changing hands as the price tested the $116,547 support level. Recovery attempts were consistently restrained near $116,600 to $116,713, aligning with earlier intraday resistance.
Disclaimer: Parts of this article were generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see our full AI Policy.
