The numbers are brutal and impossible to ignore. Since early 2021 $BTC Bitcoin is up just 73%. Gold crushed it at 164%.

Nasdaq 100 hit 82%. The S&P 500 quietly edged past BTC at 75%. The asset that was supposed to replace traditional finance is now trailing behind it.

Zoom into 2025 and the picture gets uglier BTC is down nearly 30% year-to-date while legacy markets hold their ground. The digital gold narrative is falling apart in real time.

Money is rotating into assets that feel safer and actually generate returns. So the big question stands: is this just another painful cycle setting up the next explosive rally or is capital permanently shifting away from $BTC ?

Dismissing these numbers without thinking twice could be the most expensive mistake you make this year.

BTC
BTC
65,712.38
-6.96%
ETH
ETHUSDT
1,936.26
-6.87%