Where Data Tells the Story
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This graphic shows YTD returns (as of Sept. 13) for major asset classes, based on data from YCharts (accessed via Bilello.blog). All figures are as of Sept. 13, 2024.
2024 has been a unique year due to the fact that Bitcoin (+43.2%) and Gold (+24.9%) are the two best-performing assets (these two assets have never taken the #1 and #2 spots together).
Gold has set multiple all-time highs in 2024 due to factors like geopolitical uncertainty and increasing demand from central banks.
Bitcoin, on the other hand, has benefitted from increasing acceptance among major institutions and regulators.