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Gold and Bitcoin Among Worst‑Performing Major Assets in 2026
Bitcoin and gold have become the worst‑performing major asset classes in 2026, each posting losses of more than 10% (gold over 11%). This marks the first time since 2011 that any major asset class has underperformed to this extent. The declines are attributed to rising oil prices and expectations of tighter monetary policy, while commodities and US equities have posted gains. Despite the recent drops, Bitcoin has delivered an approximate 120.6% annualized return since 2011, and gold a 6.3% return over the same period.