Bitcoin's performance surpasses gold – analysis since 2022

rekt_but_vibing · 2026-02-15T08:06:06+00:00

Bloomberg Intelligence's analysis by Eric Balchunas reveals Bitcoin's strong performance versus gold, with a 450% increase from 2023 to 2024. Despite current challenges and a 27.49% drop this year, Bitcoin remains a critical benchmark for investors comparing cryptocurrencies and safe-haven assets.

rekt_but_vibing

2026-02-15 08:06:06

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Bloomberg Intelligence, through its senior ETF analyst Erica Balchunas, published a detailed analysis on the X platform regarding Bitcoin’s performance relative to gold. Although Bitcoin faces some short-term obstacles, its results since 2022 have clearly outperformed the traditional precious metal.

Bitcoin Dominated Growth in Recent Years

From 2023 to 2024, Bitcoin experienced an impressive increase of 450%, significantly surpassing gold’s return. The performance of this cryptocurrency was supported by a series of positive market narratives about its growth potential. Buying pressure from institutional investors and increasing interest in Bitcoin-based products further fueled price gains.

Challenges to Current Performance

The analyst emphasized that while Bitcoin initially captured many key growth trends, it is currently facing significant difficulties in the short-term horizon. The current price of Bitcoin is around $70,830, with an annual change indicating a decrease of 27.49%, reflecting the volatile dynamics of the cryptocurrency market.

Outlook for Future Results

Despite current turbulence, historical data show that Bitcoin’s performance remains an important benchmark for investors comparing cryptocurrencies with traditional safe assets. Continued monitoring of the relationship between Bitcoin’s performance and gold will be crucial for assessing the market’s long-term potential.

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