The digital asset overcame several major corrections and clampdowns to deliver a 20% gain in a seven-day window. It also firmly beat several macro assets worldwide and sealed a 49% year-to-date return.
Despite the wild ride all year round, Bitcoin has not been held back by the downside as it canceled out a 60% retracement from its highs in May. This puts the largest cryptocurrency ahead in commodities of the year by 13% and 17% ahead of United States micro-cap companies.
In comparison to how other investment assets performed, the picture is very much in favor of Bitcoin. For example, European stocks are up just 10.3% year-to-date this week.
Source: Cryptocurrency - investing.com
