{"id":30557,"date":"2020-10-23T09:18:51","date_gmt":"2020-10-23T06:18:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30557"},"modified":"2025-08-27T22:55:18","modified_gmt":"2025-08-27T19:55:18","slug":"bitcoin-returns-have-far-outpaced-gold-and-stocks","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-returns-have-far-outpaced-gold-and-stocks\/","title":{"rendered":"Bitcoin returns have far outpaced gold and stocks"},"content":{"rendered":"<p>The price of the first cryptocurrency has risen by more than 80% since the start of the year. Over the same period, gold has gained 26.3%, and S&#038;P 500 quotes have risen by 6.2%. These observations were shared by Arcane Research analyst Vetle Lunde.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">2020, a decent year for bitcoin <a href=\"https:\/\/t.co\/ASxoYajsUb\">pic.twitter.com\/ASxoYajsUb<\/a><\/p>\n<p>\u2014 Vetle Lunde (@VetleLunde) <a href=\"https:\/\/twitter.com\/VetleLunde\/status\/1319235259876114432?ref_src=twsrc%5Etfw\">October 22, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Among the top-10 crypto assets, BTC&#8217;s momentum looks fairly modest. By comparison, since the start of the year Chainlink rose 564%, Cardano \u2014 228%, Ethereum \u2014 217%.<\/p>\n<div id=\"attachment_114147\" style=\"width: 1616px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-114147\" class=\"size-full wp-image-114147\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/123-22.png\" alt=\"Bitcoin investment returns have vastly outpaced gold and stocks\" width=\"1606\" height=\"431\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/123-22.png 1606w, https:\/\/forklog.com\/wp-content\/uploads\/123-22-300x81.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/123-22-1024x275.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/123-22-768x206.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/123-22-1536x412.png 1536w\" sizes=\"auto, (max-width: 1606px) 100vw, 1606px\" \/><\/p>\n<p id=\"caption-attachment-114147\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/messari.io\/\" target=\"_blank\" rel=\"noopener noreferrer\">Messari<\/a>.<\/p>\n<\/div>\n<p>A significant correction in Bitcoin&#8217;s price currently seems unlikely. According to the Whalemap service, large levels of \u201cwhale\u201d support are located at $12,868, $12,256 and $11,857.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whale bubble scene has changed. New levels are marked below \ud83d\udc47 <a href=\"https:\/\/t.co\/WDh5XHAuno\">pic.twitter.com\/WDh5XHAuno<\/a><\/p>\n<p>\u2014 whalemap (@whale_map) <a href=\"https:\/\/twitter.com\/whale_map\/status\/1319376447446913024?ref_src=twsrc%5Etfw\">October 22, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier Cane Island Alternative Advisors manager Timothy Peterson <a href=\"https:\/\/forklog.com\/en\/news\/researcher-bitcoin-is-unlikely-to-drop-below-11000-with-90-probability\">expressed confidence<\/a>, that Bitcoin with a 90% probability will not drop below the $11,000 mark.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the first cryptocurrency has risen by more than 80% since the start of the year. Over the same period, gold has gained 26.3%, and S&#038;P 500 quotes have risen by 6.2%. These observations were shared by Arcane Research analyst Vetle Lunde.<\/p>\n","protected":false},"author":1,"featured_media":30558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,536,1967],"class_list":["post-30557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-gold","tag-sp-500"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=30557"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30557\/revisions"}],"predecessor-version":[{"id":30559,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30557\/revisions\/30559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/30558"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=30557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=30557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=30557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}