The bulk of crypto assets follows the dynamic of the flagship cryptocurrency, Bitcoin. In turn, being a highly risky asset, the number one crypto trades in tune with the US stock market and it is especially sensitive to high-tech shares. Michael Saylor, founder and chairman of MicroStrategy, pushes investors to this conclusion. He claims that the leading cryptocurrency is “designed to outshine traditional investment instruments.” Even the current fall in Bitcoin does contradict the expert’s opinion.

To prove his viewpoint, Michael Saylor compiled a table in which he compared the 13-year price dynamics of various assets, including Bitcoin, US bullish stocks, the Nasdaq 100, gold, emerging market (EM) stocks, commodities, emerging market bonds, convertibles bonds, and long-term Treasuries.

Among all asset classes, the best results were displayed by Bitcoin, US bullish stocks, the Nasdaq 100, and shares of US high-tech giants. The analyst estimated that such assets have most frequently generated positive returns every year since 2011. However, Bitcoin has surpassed them in terms of investment returns. The leader in the crypto market has proved its superiority among other high-yielding assets.  

According to Michael Saylor's table, the most popular crypto rallied by a dizzying 1,473% in 2011. At the same time, the growth of the Wall Street high-tech index, namely, the Nasdaq 100, and US large-cap companies was less than 4%. Remarkably, in 2013, the first cryptocurrency returned a staggering 5,507%, but gold tumbled by more than 28%.

In addition, from 2011 to 2024, Bitcoin has logged a mind-blowing growth of 18,881,969%! As for US bullish stocks, they have gained only 670%, the Nasdaq 100 surged by 931%, and gold has appreciated by 59.3%. At the same time, despite the ongoing decline in Bitcoin, it remains the most effective compared to conventional investments.