Chart Market Capitalization of Gold and Bitcoin, in USD bn

Market Capitalization of Gold and Bitcoin Chart

This chart shows the market capitalization of gold and bitcoin in billions of US dollars (USD) since 2013. Gold is measured as the value of total above ground stock. Bitcoin is measured as the value of total coins mined.

Analysis of the Market Capitalization of Gold and Bitcoin Chart

With Bitcoin’s significant price increase since 2013 and the increase in total coins mined, its market capitalization increased from about 1 billion US dollars in 2013 to 1.15 trillion US dollars in November 2021. Over the same period, gold’s market capitalization increased from about 8 trillion to about 12 trillion US dollars. Bitcoin’s massive outperformance comes with higher volatility and noteworthy drawdowns in comparison to gold.

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