Bitcoin down 7.3% and gold 7.5% as both rank last among major assets in 2026
AI summary
Bitcoin is down 7.3% year-to-date and gold 7.5%, leaving both assets at the bottom of the 2026 performance table while stocks, bonds and cash outperform. Market strategist Charlie Bilello notes this simultaneous underperformance of the two traditional monetary hedges has never occurred in a calendar year. For traders, the breakdown of the bitcoin-gold hedge narrative weakens the case for BTC as a monetary-stress hedge and signals broad risk-off pressure on hard assets.
