Russia’s Central Bank Says Bitcoin Was Most Profitable in 2024

The Bank of Russia named Bitcoin the top-performing financial asset in 2024 with a return of 38%, surpassing stocks, bonds, and gold. For the first time, BTC was featured in the central bank’s financial risk report.

Bitcoin outperformed traditional financial instruments

The Bank of Russia included Bitcoin in its latest financial market risk overview. According to analysts, BTC was the most profitable asset in 2024. While the MOEX index rose by 22% and gold gained 15%, Bitcoin’s return reached 38%.

The report attributes BTC’s performance to a strong price rally in December 2024. During that period, the leading cryptocurrency exceeded $80,000, setting a new all-time high.

This surge solidified Bitcoin’s lead over other investment assets.

BTC beat bonds, stocks, and global indexes

Bitcoin’s return exceeded that of U.S. Treasury bonds, the S&P 500, and major Russian stocks. The asset outperformed securities in key sectors like oil, telecom, and metallurgy. Such a result highlights its growing appeal in diverse portfolios.

Central Bank analysts emphasized BTC’s role as “digital gold” and a hedge against inflation.

In a volatile economy, Bitcoin becomes an attractive long-term investment. The report shows increasing institutional interest in crypto as part of modern financial strategy.