Bitcoin tends to outperform traditional safe-haven assets such as gold and equities in the two months following major global shocks, according to a study by Mercado Bitcoin.
The research analysed 60-day periods after events like the COVID-19 outbreak and US tariff escalations, finding Bitcoin consistently delivered stronger returns than gold and the S&P 500.
“It’s like watching the first few minutes of a movie and thinking you already know how it ends,”
Said Mercado Bitcoin research head Rony Szuster, cautioning against judging performance too early.
In April last year, Bitcoin rose 24% within 60 days of new US tariffs, compared with an 8% gain for gold and a 4% increase in the S&P 500.
A similar trend occurred during the onset of the COVID-19 pandemic, when Bitcoin gained 21% over the following two months while traditional assets lagged.
The pattern appears to be repeating during current geopolitical tensions, with Bitcoin up around 2.2% while gold has dropped roughly 11% and equities have declined.
Despite short-term volatility, the study highlights Bitcoin’s consistent post-crisis rebounds and positions it as the best-performing asset of the past decade.
At the time of reporting, Bitcoin price was $68,951.08.