Bitcoin (BTC) continues to outperform traditional investment assets this year.
The digital asset, now worth $377bn, has gained 30 per cent year-to-date (YTD). It achieved this despite prices crashing in March due to the global economic crisis.
Neither the S&P ASX200 (XJO) or the S&P ASX Small Ordinaries (XSO) have managed to recover their pre-pandemic positions.
Gold has been the best performing traditional asset with a YTD gain of more than 16 per cent. In times of economic uncertainty, investors move their funds to safe havens such as gold.
You can read our latest market wrap for Stockhead here.