Goldman Sachs (NYSE: GS) ranked Bitcoin (BTC) as the best-performing asset in the world for 2023.

 

Goldman Sachs (NYSE: GS) ranked Bitcoin (BTC) as the best-performing asset in the world for 2023. 

The world's largest crypto has performed better than gold, real estate, and the Nasdaq 100. 


  • Goldman Sachs labeled Bitcoin as the best-performing asset based on total return and risk-adjusted returns on the asset.
  • It outperformed MSCI Emerging markets, COMM services, gold, real estate, materials, and more. 
    • Bitcoin occupies the first spot on the list with over 27% in total returns and a 3:1 risk-adjusted ratio. 
  • Bitcoin's market cap stands at $433.88B, outperforming leading traditional finance entities in the world, including JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), and Wells Fargo (NYSE: WFC). 

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