Skip to content

Bitcoin will outperform all traditional asset classes in 2020

May 9, 2020

Data from the market research company Fundstrat show this Bitcoin (BTC) is the most powerful asset class of 2020 so far.

The data, released on Twitter by Thomas Lee von Fundstrat, show that Bitcoin outperformed all other asset classes by at least 19%BTC has grown by 39% since the beginning of the year.

Benefits by asset classes

Bitcoin will outperform all traditional asset classes in 2020Bitcoin will outperform all traditional asset classes in 2020

20-year US government bonds are the second best asset with an increase of 21.1% since the beginning of the year, followed by gold with 12.5% ​​and US government bonds with 8.9%.

Global government bonds and Nasdaq rose 1.8% and 1.7%, respectively, while US high-quality cash and credit funds rose. USA They registered about 0.5%. All other asset classes are currently red.

Bitcoin on track for better results for the second time in a row

The publication too describes the performance of the 13 most important asset classes of 2019, which Bitcoin again surpasses with a 12-month profit of 92.2%.

The Nasdaq took second place with 35.2%, followed by the S P 500 with 28.9% and the MSCI World Index with 25.2%.

Bitcoin, with a gain of over 1,550%, is also the best performing asset in 2017 and would have been the most important asset in 2016.

Leading altcoins outperform BTC in YTD charts

At the time of writing, Bitcoin appears to have increased 33.5% from $ 7,205 to $ 9,620 since the beginning of the year. This makes BTC the fifth strongest performance of the ten best cryptocurrencies by market capitalization for the year to date. Date (YTD).

Bitcoin SV (BSV) currently has the highest profit for 2020, rising 115% from $ 98 to $ 210.5. Tezos (XTZ) is in second place with an increase of 107.5% from $ 1.35 to $ 2.80.

Ether (ETH) and Stellar (XLM) each continue to grow by around 61%.

Receive Breaking News !

Install
×
Enable Notifications    Ok No thanks