According to the data, Bitcoin has dropped 0.11% to $116,702 in the past 24 hours, but Bitcoin has grown 25% so far, second only to Gold’s 29% growth in major asset classes shared By financial strategist Charlie Bilello on X.
Performance so far in 2025
As of August 8, Bitcoin’s 25% return so far is second only to Gold’s 29.3% improvement. Other major asset classes have also released more modest returns, emerging market stocks (vwo) Up 15.6% to the Nasdaq 100 (QQQ) Up 12.7% with our big hat (spy) Up 9.4%. Meanwhile, the United States’ mid-cap (mdy) and the little hat (IWM) 0.2% rose only 0.8% respectively. This marks the first time that Gold and Bitcoin have occupied the top two positions in Bilello’s annual asset-level rankings since the start of the record.
2011–2025 Cumulative Returns
In the long run, Bitcoin has provided 38,897,420% of its total return since 2011, a figure dwarfing all other asset classes in the dataset. Gold’s 126% cumulative return placed it in the middle of the backpack during the same period, lagging behind the Nasdaq 100’s stock benchmark (1101%) And our big hat (559%)and the middle cover (316%)little hat (244%) and emerging market stocks (57%). According to Bilello, Bitcoin’s total revenue has exceeded 308,000 times in the past 14 years.
2011–2025 Annual Returns
If measured annually, the advantages of Bitcoin are equally clear. Since 2011, flagship cryptocurrencies have average annual returns of 141.7%, gold is 5.7%, Nasdaq shares are 18.6%, U.S. large shares are 13.8%, and other major equity and real estate indexes are 4.4% to 16.4%. The long-term stability of gold makes it a valuable hedge for certain market cycles, but its appreciation pace is much slower than Bitcoin’s index climb.
Peter Brandt says gold and bitcoin
Peter Brandt, the famous businessman Weighing On August 8, the advantages of gold were compared with the potential of Bitcoin to surpass all Fiat alternatives. “Some people think gold is a great store of value. But the ultimate store of value will prove to be Bitcoin.” His comment echoes the growing narrative of the scarcity and decentralization of Bitcoin, allowing it to transcend traditional hedging over time over time.
Technical analysis highlight
- According to Coindesk Research’s technical analysis data model, UTC is trading in the range of $1,534.42 from 21:00 to August 9 at 20:00 UTC. (1.31%) From $116,352.52 to $117,886.44.
- Price opened nearly $116,900 before Asian time soaring, moving sideways, climbing to $117,886 between 05:00 UTC and 10:00 UTC on August 9, with 24-hour trading volume exceeding 9,000 BTC.
- Strong purchases hit nearly $116,420 at 05:00 at UTC, while selling prices exacerbated the $117,886 high.
- Bitcoin attends classes at $116,517, down 0.32% from the Open, with a defined support of $116,400-$116,500 and resistance of $117,400-$117,900
- In the last hour of the analysis period (August 9, 19:06–20:05 UTC)Bitcoin stayed under the downward pressure of the band $195.11, sliding from $116,629.40 to $116,519.29 (-0.09%).
- The largest off-hour peak peak occurred at 19:27 UTC, when 296.43 BTC changed hands with price testing support of $116,547.
- Recovery attempts are repeatedly limited to the range of $116,600-$116,713, which is consistent with earlier intraditional resistance.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
