Bitcoin Price Up 40% YTD, but Gold Wins on Risk-Adjusted Returns

In fact, Ethereum’s native token ether, Japan’s TOPIX index, and the S&P GSCI Energy Index are the only non-fixed income growth-sensitive investments with return to volatility ratios lower than bitcoin, the chart from Goldman’s Oct. 7 note titled “Oil on the boil” shows.

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Cryptocurrencies: 17,170
Markets: 1,282
Marketcap: $ 2.82 T
24h Vol: $ 94.43 B
BTC Dominance: 58.91%