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Bitcoin is King of the Hill…Again

Dec 31, 2020 · 4 min read

By Kevin Kelly, CFA

Bitcoin finds itself atop the leaderboard of best performing assets in 2020 for the second year in a row. The world’s largest crypto asset surged 300% this year; that’s 6x the return of the Nasdaq 100 and 285 percentage points higher than the S&P 500. Gold’s 25% gain marks its best year in a decade as the setup for precious metals (and, more specifically, mining stocks) looks favorable heading into 2021.

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