Bitcoin (BTC) is officially the best-performing asset of 2021, data now confirms.

As October delivers 15% gains in five days, BTC firmly outperforms macro assets worldwide to seal year-to-date returns of just under 50%.

Bitcoin hodlers up 49% year-to-date

Despite Bitcoin’s wild ride throughout the year, downside has failed to grip the market, with a 60% retracement from highs in May now all but cancelled out.

The largest cryptocurrency is thus at least 13% ahead of commodities for the year, figures show this week, and 17% ahead of United States micro-cap companies.

Compared to how some other investments performed, the picture is even rosier for BTC hodlers. European stocks, for example, are up just 10.3% year-to-date this week.

“After the strong Q3 performance Bitcoin is now up +49.1% year-to-date,” the @Bitcoin Twitter account commented on the data set from investment firm NYDIG.

“The best performing asset class of 2021.”


Asset year-to-date returns annotated chart. Source: Bitcoin/Twitter

Altcoins keep the surprises coming

As Cointelegraph reported, September has historically been a conversely unimpressive month for Bitcoin, while October sees the opposite effect.

With stocks themselves forecast to enjoy “above average” returns this month, hopes are high for a strong finish for Q4 after September’s performance.

Beyond macro, however, there remain individual success stories that beat Bitcoin in terms of raw returns. These focus on altcoins, some of which have seen freak gains within a short period.

Solana (SOL), one of the best-known examples, began 2021 at around $1.60, subsequently hitting all-time highs of over $215.


SOL/USD 1-week candle chart (FTX). Source: TradingView

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Uniswap price eyes 20% upswing if UNI can clear this crucial barrier

Uniswap price is on a journey to retest $25 after the recent downswing. On-chain metrics hint at smooth sailing ride apart from the massive resistance at $20.84. A daily close below $17.75 will invalidate the bullish thesis.

More UniSwab news

Three major overlooked factors why Ethereum price is about to skyrocket

ETH price has been consolidating after the cryptocurrency registered a new all-time high on November 10. A few factors suggest that the token may be preparing for a massive take-off. 

More Ethereum news

Solana price to trigger a 15% upswing as SOL retests crucial support level

Solana price appears to be making a comeback after it slipped into a steep correction since its all-time high on November 7. This downswing has stopped after retesting a crucial support level and is on a journey to head higher.

More Solana news

Crypto exchange Kraken lists Shiba Inu, kickstarting SHIB price recovery

Leading cryptocurrency exchange Kraken announced that it will support the popular meme-based token Shiba Inu starting November 30. The digital asset trading platform has already begun accepting deposits of SHIB.

More Shiba Inu news

Cyber Monday 2021 Discounts!

Glued to your trading screen on Cyber Monday? Upgrade your skills by signing up for FXStreet’s Premium service, offered at a discount of up to 50%. Fellow traders have already taken advantage of Black Friday profits. What about you? 

Subscribe now!