Today, while the US stocks declined by 5.98% over the past 24 hours, Bitcoin dropped by 1.10% over the period. This shows a significant difference between two asset classes. Over the past week, the US stocks saw a decrease of 9.18% compared to Bitcoin’s 0.41%.
In comparison to the stock market’s fall, BTC’s relative steadiness has grabbed the attention of traders and investors. According to today’s data from crypto analyst Ultiverse, several investors across the broader investment industry are engaging in discussions about Bitcoin’s relative stability amid the current market turbulence, with some comparing it with Gold.
Bitcoin vs Gold returns
The larger equity market has experienced a significant blow, losing a whopping $5 trillion in two days. Regardless of this gloomy outlook, Bitcoin has relatively remained stable, showing incredible resilience amid declines following the pronouncement of Trump-led new trade tariffs. Bitcoin has displayed an extraordinary capability to maintain its high records, unlike declined performance of major tech stocks.
The ongoing Bitcoin’s resilience has prompted several investors to compare it with Gold. As the financial landscape advances, the discussion between emerging digital assets like BTC and traditional assets like Gold escalates. Both Gold and Bitcoin have been recognized as safe havens during economic slumps. However, each has unique qualities that impact their ability in this role.
Despite, BTC’s extreme price fluctuations, its performance has been better than Gold by a substantial margin over the last 10 years. Between 2012 and 2022, BTC generated a 3,700% return.
In 2024, both Bitcoin and Gold experienced tremendously bull runs. Gold recorded a 25% price rise, climbing to an ATH of $2,800 per ounce. On the other hand, Bitcoin’s performance was booming. It increased its price twice and even added more value on top of the ceiling of $100,000. As Bitcoin is commonly regarded as digital gold, the two asset classes have demonstrated their roles as safe havens against economic uncertainty.
AI and Web3: Future investors can’t ignore
According to Ultiverse, Web3 and artificial intelligence are becoming attractive investments that investors can use as havens to help protect themselves against economic downturns.
Cryptocurrency, Web3, and AI are not only redefining investment assets and offerings, but also impact who gets to participate. These technologies are prepared to revolutionize the internet, providing extraordinary opportunities for financial inclusiveness, transparency, and innovation.
