Despite the massive setbacks that the cryptocurrency industry suffered in 2022, including multiple bankruptcies and fraud investigations, the banking giant Goldman Sachs (NYSE: GS) has ranked Bitcoin (BTC) as the best-performing asset in the world this year.
According to the year-to-date asset return report by Goldman Sachs – a former vocal critic of Bitcoin, the maiden crypto has performed better than the likes of S&P 500, gold, real estate, and Nasdaq 100 this year, as per a screenshot shared by Documenting Bitcoin on January 23.
On top of that, BTC has outperformed MSCI emerging markets index, MSCI developed markets, energy, information technology (IT), financials, 10-year U.S. Treasury, health care, utilities, materials, crude oil, consumer staples, and many more.
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