Goldman Sachs has issued a report projecting the rise of Bitcoin in the next 10 years. The ‘crypto’ market is on an upward trend that will continue, with blockchain and cryptocurrencies driving innovation across industries while providing attractive returns to investors.

The “why crypto market is down today sept 7, 2021” is a question that was asked by Goldman Sachs. The answer to the question was that Bitcoin outperformed all capital markets in 2021.

Goldman Sachs shows Bitcoin outperformed all capital markets in 2021

Bitcoin has established its place as the go-to store of wealth among many investors, according to the latest statistics from Goldman Sachs.

According to the bank’s 2021 return scorecard, Bitcoin beat all capital markets last year, including global indices such as the S&P 500 and Nasdaq, as well as shares like FAAMG. Gold, the traditional go-to store of wealth, has returned only 4% this year, making it less and less appealing to investors.

As Bitcoin delivered good and sustained returns in 2021, gold is losing its supremacy as a store of value.

Last year’s market volatility produced some surprising winners in the crypto business, with new meme currencies leading the way in terms of profits topping thousands of percent in some instances. Bitcoin’s low profits of roughly 60% had almost completely eliminated it from the thoughts of most crypto investors in the world of Flokis and Shibas.

Zooming out and altering views, however, reveals that Bitcoin is gaining traction among conventional investors, who are increasingly seeing it as a go-to store of value asset that has outperformed all capital markets.

Goldman Sachs shows Bitcoin outperformed all capital markets in 2021The Goldman Sachs 2021 return scorecard for benchmark and thematic equities baskets is shown in this screenshot. (Image courtesy of Twitter)

Bitcoin returned more than 60% last year, according to the Goldman Sachs 2021 return scorecard. As a result, Bitcoin has risen to the top of all capital markets, including benchmark and thematic equities baskets. Global indices such as the NAsdw, Russell 1000, and S&P 500 all returned less than 30%.

Even high-value equities baskets like FAAMG underperformed Bitcoin in 2021, with gains of just 37%.

Gold, on the other hand, was the greatest loser on the Goldman Sachs scorecard. It was at the bottom of the list, right next to 10-year Treasury bonds, with a return on investment of 4%. This is in keeping with the broader market stance toward gold, which has seen an increasing number of investors reject the asset class as a safe haven.

Gold’s demand as a store of value is very subjective.

In my age, I don’t know any affluent people who possess gold.

I don’t have any gold in my house, no gold on my possessions, and no gold jewelry.

Since Covid began printing money, the GLD ETF has been in uninterrupted redemption mode

— January 3, 2022, Zhu Su (@zhusu)

Goldman Sachs shows Bitcoin outperformed all capital markets in 2021


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Bitcoin has been on a steady rise for the past few years, and it is outperforming all capital markets. Goldman Sachs released a report that shows Bitcoin outperformed all capital markets in 2021. Reference: crypto is down.

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