Bitcoin Gains 27,700% Since 2015, Surpassing Gold and Silver

A significant divide has emerged between Bitcoin and precious metals supporters due to notable market movements. Bitcoin's long-term gains highlight its performance supremacy, while gold and silver have recently seen unexpected rallies.

Bitcoin’s Performance Since 2015

  • Bitcoin increased by approximately 27,700% since 2015, significantly outperforming silver (400%) and gold (280%).
  • Analyst Adam Livingston emphasizes Bitcoin's superior performance, even excluding its early years.

Timeframe Criticism

  • Gold advocate Peter Schiff suggests evaluating Bitcoin over a shorter period, implying its peak may have passed.
  • Matt Golliher notes that commodity prices often revert to production costs, with profitable mining resuming as prices rise.

Bitcoin vs Precious Metals

Supply and Macro Influences

  • Gold reached $4,533 per ounce, and silver nearly $80 per ounce in 2025 amid a weakening US dollar.
  • US Dollar Index declined by about 10%, influencing asset movements.
  • Expectations of Federal Reserve easing in 2026 and geopolitical tensions are pushing traders to scarce assets.
  • Zaner Metals strategist Peter Grant attributes sharp price swings to thinner trading and Fed outlook.

Bitcoin’s Independent Path

  • Analysts from Glassnode assert Bitcoin can rise without gold or silver declining.
  • Lyn Alden and Arthur Hayes suggest both digital and physical stores of value could see demand simultaneously.

Image credits: Unsplash, TradingView