Bitcoin Outperforms Major Assets With 633.2% Real Return Since 2020, Study Shows

Bitcoin has delivered a cumulative inflation-adjusted return of 633.2% and a compound annual growth rate of 49% since 2020, significantly outpacing all other major asset classes, according to a multi-year study by Taurex. Factoring in roughly 25% cumulative U.S. inflation, Bitcoin outperformed silver's 60.7% real return, the S&P 500's 57.3%, and gold's 55.5%, despite Bitcoin experiencing a 25% annual drawdown over the past year. In contrast, fixed-income and defensive holdings suffered real losses, with U.S. savings accounts declining 18.2%, aggregate bonds falling 22.2%, and palladium plunging 62.7%.