Bitcoin beats Gold, Crude Oil, and major equity markets in 2021

Bitcoin registered a return of 66.5% in 2021, but was far from the year's most profitable digital asset.

Bitcoin beats Gold, Crude Oil, and major equity markets in 2021

Among major asset classes, Bitcoin has outperformed gold and large equity markets for three consecutive years, according to Compound Capital Advisors CEO Charlie Bilello.

Bitcoin registered a return of 66.5% in 2021, outpacing both the gains generated by the commodity index (41.4%) and the 40.5% profits printed by US real estate investment trusts.

In addition to outperforming the US Large Caps index and the Nasdaq 100 index, Bitcoin performed better than the S&P 500 and the Nasdaq 100 index. In 2021, both indices returned 28.7% and 27.4%, respectively.

In addition to Bitcoin's stellar performance this year, BTC posted gains of 301% in 2020 and 95% in 2019.

However, from a return perspective, the top crypto asset in 2021 pales in comparison to other digital assets like Shiba Inu, Polygon and Terra.

It is estimated that Shiba Inu gained 3,413,999,900% in 2021. In the same period, Polygon, a blockchain scaling solution, grew 14,091%, while Terra, a payment network for decentralized finance, rose 12,954%.

Other crypto assets that performed relatively better than Bitcoin include Solana, a scalable blockchain designed to make decentralized applications easier to develop, and meme crypto Dogecoin.

A profit of 11,146% was recorded by Solana and a gain of 3,602% by Dogecoin in 2021.

A report by Charlie Bilello, who tracks the performance of crypto markets, reveals that the value of all digital assets had grown from $10.6 billion at the end of 2013 to $2.36 trillion as of 2021, a staggering rise of 22,164% in eight years.