Charlie Bilello, Chief Market Strategist of Creative Planning, said that the past ten years have seen both significant gains for major assets and a 35% rise in U.S. consumer prices, based on percentage increases posted online. The statement was made on social media.
"Last 10 Years," said Bilello. "Bitcoin $BTC: +39,900% Gold $GLD: +174% US Inflation (CPI): +35%"
According to Bilello, over the past decade, Bitcoin has emerged as a prominent digital asset, often likened to "digital gold" due to its decentralized nature and limited supply. Its performance has attracted institutional interest, with firms like Fidelity Digital Assets highlighting its potential as a hedge against inflation and a portfolio diversifier. The growing acceptance of Bitcoin in mainstream finance underscores its evolving role in the global financial landscape.
Between 2014 and 2024, Bitcoin experienced a cumulative return of approximately 12,275%, significantly outperforming traditional assets. In comparison, the S&P 500 returned about 218.6% during the same period. This stark contrast illustrates Bitcoin's exceptional growth and its potential as a high-yield investment over the past decade.
Bilello serves as the Chief Market Strategist at Creative Planning, a nationally recognized wealth management firm. With a background in economics and finance, he provides insights into market trends and investment strategies, often highlighting the performance and potential of various asset classes, including cryptocurrencies. His expertise aids investors in navigating complex financial landscapes.