Bitcoin Becomes Best Performing Asset Of The Decade, Returning Ten Times More Than Nasdaq 100
After its recent surge to $60,000, Bitcoin has become the best performing asset class of the decade with an annualized return of 230%, data shows.
The data, which was compiled by CEO of Compound Capital Advisors Charlie Bilello, examined the returns of the 17 best-performing asset classes since 2011.
Since 2011, Bitcoin’s cumulative gains have exceeded 20,000,000%, far outpacing the cumulative gains of the Nasdaq 100 and US Large Caps, which recorded returns of 541% and 282%, respectively. On an annualized scale, Bitcoin returned 230% - 10x higher than the Nasdaq 100, which was the second-best performing asset class.
https://finance.yahoo.com/news/bitcoin-becomes-best-performing-asset-132208120.html