(BTCBTC was an emotional rollercoaster ride through 2021. Even though it fell sharply from $69,000 at its peak, BTC’s digital asset has risen by 60% in the year to date. Gold has fallen more than 5% during the same time.

With inflation soaring in the United States and several other parts of the world, Bitcoin’s outperformance over gold shows that investors may be considering it to be a better hedge against inflation when compared to gold.