Bitcoin Surpasses Gold by 13,693% in Ten Years: A Comparative Analysis

Bitcoin has dramatically increased by 13,693% over the past decade compared to gold, which rose by only 156%. Ten years ago, both assets were similarly priced, but Bitcoin’s value reached about $84,000, while gold advanced modestly. Furthermore, the differing market capitalisation sizes of gold and Bitcoin significantly impact their price movements and sensitivity to market changes.

In a dramatic financial shift over the past decade, Bitcoin has surged an astonishing 13,693% compared to gold. This statistic, shared by cryptocurrency entrepreneur Ted, highlights the stark difference in asset performance from April 2015 to April 2025, drawing attention from global investors.

Ten years ago, Bitcoin and gold shared similar valuations, with Bitcoin trading between $200 and $250 and gold priced between $1,200 and $1,300 per ounce. By April 2025, Bitcoin’s value skyrocketed to approximately $84,000, representing a 33,500% increase, while it briefly reached nearly $109,000.

In contrast, gold has experienced only a modest 156% increase over the same period, reinforcing its reputation for stability and reliability instead of substantial gains. Gold retains its attractiveness for investors due to its historical consistency and perceived inflation-proof qualities.

Examining longer historical trends reveals a significant disparity between the two assets. For instance, the price of gold was $20.67 per ounce in 1933, growing to around $3,330 in 2025—a notable rise, yet gradual. Conversely, Bitcoin’s journey from $1 in 2011 to $84,000 by 2025 illustrates its exceptional rapid appreciation, inciting both excitement and skepticism among analysts.

The differences in market size largely influence the contrasting behaviours of these assets. Gold’s market capitalisation exceeds $22 trillion, providing stability and minimising the impact of individual transactions. Belle, an analyst, pointed out that gold’s recent $1 trillion market cap increase occurred in one day, equivalent to Bitcoin’s entire market value.

Bitcoin’s market cap stands at approximately $1.667 trillion, making it responsive to capital flows due to its smaller size. If Bitcoin were to experience a $1 trillion increase in capitalisation—similar to gold’s recent surge—its unit price could potentially rise from $84,000 to $135,000, highlighting the divergent impacts of equal dollar flows on each asset’s price.