CoinGecko analysts analyzed Bitcoin's 10-year return, comparing the coin to other classic assets in the short and long term. According to their data, since the beginning of 2024 Bitcoin became the most effective instrument with a yield of 129%, which indicates further growth in quotes.
Gold followed Bitcoin with a 32,2% yield, demonstrating its reliability as a traditional store of value, analysts noted.
The report showed that the S&P 500 index showed a gain of 28,3%. Crude oil yields fell by 0,13%, five-year Treasury bonds showed a yield of 5,3%, and 8,2-year bonds - XNUMX%.
Over a five-year period Bitcoin rose by 1283%, while the S&P 500 and gold yielded 96,7% and 84,6%, respectively. Five-year Treasury bonds rose by 157,1%, and ten-year bonds by 149,9%. Experts suggest that this period shows the potential of the first cryptocurrency in the medium and long term.
CoinGecko noted that Bitcoin has had two bull cycles in 10 years, in 2017-2018 and 2020-2021, and the market is currently in the middle of one of them.
