Core Insights - Bitcoin has reached multiple new highs in 2025, but over a 10-year comparison, it has underperformed against gold, U.S. stocks, and several traditional assets [1][6] - The sentiment in the cryptocurrency market reflects a shift as Bitcoin is no longer seen as the default "annual best solution," transitioning from a high-growth asset to a risk asset subject to strict pricing [2][6] - The cryptocurrency industry faces a critical question for 2025: whether it is enduring a painful transition or bidding farewell to the era where mere participation guaranteed returns [2][6] Performance Summary - In 2025, Bitcoin's performance is projected to decline by 6%, while gold is expected to rise by 66.83% and U.S. stocks by 21.51% [4][8] - In 2024, Bitcoin is forecasted to increase by 135%, outperforming gold (27.1%) and U.S. stocks (33%) [4][8] - In 2023, Bitcoin's growth was 160%, while U.S. stocks grew by 43.4% and gold by 12.9% [4][8] - Historical performance shows Bitcoin's significant volatility, with a peak increase of 1340% in 2017 and a decline of 64% in 2022 [4][8]
PANews加密年终盘点：一图看懂 2015–2025 各类资产回报！
Xin Lang Cai Jing·2025-12-23 08:16