Bitcoin has outperformed all major asset classes for 2121 Q1 as shown on a chart posted by Binance. This is the best start to the year BTC has has in the past 8 years.
Starting the year around $38,000 AUD and currently $78,000 (at time of writing) has seen the BTC price gaining just over $100% in the first 3 months of 2021. Compared to previous years this by far the best start to a year for BTC with most other starts actually showing negative gains for Q1 and then Q2 onwards showing very bullish returns.
Other asset classes such as precious metals and the stock market haven’t produced anywhere near the returns so far this year.
Ethereum (ETH) is also up over 100% for the first quarter, along with many other cryptos.
Could we see the trend continue into 2021 Q2?
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