Bitcoin has reduced its 0.11% to $116,702 in the last 24 hours, but it’s the second-largest increase after 25% of its major asset classes, following the acquisition of 29% in the 25% major asset classes.
Previous performances in 2025
As of August 8, Bitcoin’s 25% return from the start of the year ranked only in Gold’s 29.3% advance. Other major asset classes include emerging market stocks (VWO) up 15.6%, Nasdaq 100 (QQQ) up 12.7%, and the US large cap (SPY) up 9.4%, with more conservative earnings. Meanwhile, the US Central Cap (MDY) and Small Cap (IWM) 0.2% respectively have only increased by 0.8%. This is the first time Gold and Bitcoin have taken the top two positions in Billello’s annual asset class rankings since the start of records.
2011-2025 Cumulative Returns
In the long term, Bitcoin has provided an extraordinary 38,897,420% gross revenue since 2011. This is the number that warps all other asset classes in the dataset. A cumulative return of 126% over the same period of gold puts it in the middle of the pack, with equity benchmarks like the Nasdaq 100 (1101%) and the US large cap (559%), and subsequent benchmarks like the mid cap (316%), small cap (244%) and emerging markets (57%). Based on Billello’s figures, Bitcoin’s total revenue has surpassed gold’s total revenue by more than 308,000 times over the past 14 years.
2011-2025 Annual Returns
Measured on an annual basis, the advantage of Bitcoin is equally clear. The flagship cryptocurrency has brought an average annual increase of 141.7% since 2011, but from 5.7% in gold, 18.6% in the NASDAQ 100, 13.8% in the US large cap and 4.4% to 16.4% in other major stock and real estate indexes. Gold’s long-term stability has become a valuable hedge in certain market cycles, but its viewing pace has been much slower than Bitcoin’s exponential climb.
According to Peter Brandt, Gold vs Bitcoin
Famous trader Peter Brandt showed weight on August 8, contrasting the merits of gold with the merits of value as a store with the potential for bitcoin beyond all Fiat alternatives. “Some people think gold is a great store worth it, but that’s true. But it proves that the ultimate storage of value is Bitcoin,” he said in X, sharing a long-term chart of the US dollar’s purchasing power. His comments recurs the growth of the narrative that bitcoin’s rarity and decentralization have led to its own position over time as it is superior to traditional hedges.
Technical Analysis Highlights
- Bitcoin traded between 21:00 UTC on August 8th and 20:00 UTC on August 9th from the $1,534.42 range (1.31%) to $116,352.52 to $117,886.44, according to Coindesk Research’s Technical Analytics Data Model.
- The price opened near $116,900 and moved sideways before surged during Asian time, rising from $116,440 to $117,886 on August 9 between 05:00 UTC and 10:00 UTC, with 24-hour trading volumes exceeding 9,000 BTC in these intervals.
- At 05:00 UTC, a strong purchase reached nearly $116,420, but sales pressure increased to $117,886.
- Bitcoin closed sessions at $116,517, 0.32% down from opening, with defined support between $116,400 and $116,500 and resistance between $117,400 and $117,900
- At the final time of the analysis period (August 9, 19:06–20:05 UTC), Bitcoin was subjected to downward pressure within the $195.11 band, sliding from $116,629.40 to $116,519.29 (-0.09%).
- The maximum time spike occurred at 19:27 UTC, where 296.43 BTC changed hands as the 296.43 BTC tested support of $116,547.
- The recovery attempts have repeatedly reached a cap between $116,600 and close to $116,713, in line with previous daytime resistance.
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