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# PANews加密年终盘点
336
方片九
A visual guide to understanding the returns of various assets from 2015 to 2025!
Bitcoin reached multiple new highs in 2025, but when stretched over a 10-year comparison, an awkward fact emerges: this year's BTC underperformed against gold, US stocks, and even many traditional assets.
The price is reaching new highs, but the sentiment is deteriorating, which might be one of the most genuine emotions in the crypto space this year.
When BTC is no longer the default "annual best solution", crypto is transitioning from a high-growth asset to a risk asset that is being repeatedly compared
Bitcoin reached multiple new highs in 2025, but when stretched over a 10-year comparison, an awkward fact emerges: this year's BTC underperformed against gold, US stocks, and even many traditional assets.
The price is reaching new highs, but the sentiment is deteriorating, which might be one of the most genuine emotions in the crypto space this year.
When BTC is no longer the default "annual best solution", crypto is transitioning from a high-growth asset to a risk asset that is being repeatedly compared
BTC-0,51%
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