As global markets hit skid this week and forced liquidation and margin calls wipe out more lever red longs, prominent traders are being repositioned accordingly. New tariffs and US employment reports released by the Trump administration have caused uncertainty in the global market. The S&P 500 lost 1.6% in a day, and Bitcoin, the truth to form, reduced feelings of risk.
In times of uncertainty, using a wider lens can be beneficial. Over the past two years, Bitcoin has consistently outperformed all major assets and has not come close to anything else.
Bitcoin vs. Major Assets: 2-year scorecard
Between July 2023 and July 2025, Bitcoin was reflected in a 301.7% more than the 301.7% that quadrupled its price and solidified itself as the highest major asset class. As Eco-Inometrics points out:
“Bitcoin is immersed again, but the long-term photos haven’t changed. This is not a one-off. Bitcoin has been a consistent leader for two years.”
Bitcoin’s performance has significantly more tolerated traditional stock investments. The S&P 500, a major US equity benchmark, has delivered a much more modest 38% return over the past two years. Despite multiple record highs in strong stock markets and large stocks, the index failed to match BTC’s explosive momentum.
Gold, which had a star run in itself, was excited by the growing inflation rates and geopolitical uncertainty, and rose 69.8% over the past two years, not approaching repaying Bitcoin profits. As Adambak commented:
“There’s no second best. Only runner-ups are the finance company.”
Looking at Ethereum, two coins from Crypto Industry, can only help explain the points of Back further. Eth has recorded a profit of around 56% over the past 24 months.
Of the key assets, it is crude oil that brings out the rear, showing only slight growth over the past two years, flattening by the summer of 2025, with returns vibrating and ending.
Why Bitcoin continues to lead
Recent sales have been linked to macroeconomic anxiety, tariffs and employment concerns rather than changes in Bitcoin’s fundamental value proposition. Bitcoin’s volatility closely tracks the broader market nerves during such risk-off stretches. But for the second year in a row, Bitcoin has rocked a champion-like fix and sets the pace of asset growth.
Its predictable supply schedule, diversified nature, and increased adoption by both retail and institutional investors keep the rally alive.
Meanwhile, Ethereum remains competitive, but fails to outperform BTC, and Gold’s reliable inflation hedge status still means much less return. Crude oil continues to struggle under the weight of energy trends and changing macroeconomic pressures, providing little performance or excitement seen in digital and financial assets.
Bitcoin’s short-term slump may seem dramatic, but pullbacks are part of its DNA and the data doesn’t lie. Since mid-2023, BTC has beaten gold, US stocks, Ethereum and crude oil. If in doubt, zoom out as Eco-Inometrics states.
“Maybe it’s not worth panicking movements that seem more emotionally driven than they are based on the basics.”
