Bitcoin Risk-adjusted Returns vs Other Assets
2012
2013
2014
2015
2016
2017
2018
2019
2020
−2
−1.5
−1
−0.5
0
0.5
1
1.5
2
2.5
3
3.5
4
Oil
Emerging Currencies
Gold
US Stocks
US Real Estate
Bonds
BTC
ETH
Oil
Bonds
Gold
ETH
US Stocks
Emerging Currencies
US Real Estate
BTC