Bitcoin Outperforms Gold and Stocks After Global Shocks, Mercado Bitcoin Study Finds

The study examines Bitcoin's resilience as a potential new safe haven asset in times of crisis

Apr. 11, 2026 at 7:24am

An extreme close-up of intricate, metallic banking machinery and mechanisms, conveying the idea of financial security and stability through a raw, industrial visual style.As traditional safe haven assets struggle, this study suggests Bitcoin may offer investors a more resilient option during times of economic and geopolitical uncertainty.Hermann Today

A recent study from Mercado Bitcoin has found that Bitcoin tends to outperform traditional safe haven assets like gold and stocks in the 60-day period following major global shocks and economic crises. This challenges the conventional wisdom about safe haven assets and suggests Bitcoin may offer investors a more resilient option during times of uncertainty.

Why it matters

The study's findings are significant because they raise questions about the role of Bitcoin and other digital assets in the broader financial landscape. If Bitcoin can consistently outperform traditional safe havens, it could prompt a reevaluation of how investors manage risk and diversify their portfolios, especially in the face of economic and geopolitical turmoil.

The details

The Mercado Bitcoin study examined 60-day windows after major events like the COVID-19 outbreak and U.S. tariff escalations. It found that during these periods of crisis, Bitcoin outperformed both gold and stocks. The researchers attribute this to Bitcoin's decentralized nature and its ability to operate outside the traditional financial system, which can provide advantages when markets are volatile.

  • The study looked at 60-day periods following major global shocks and economic crises.
  • The time frames analyzed included the COVID-19 pandemic outbreak and U.S. tariff escalations.

The players

Mercado Bitcoin

A leading cryptocurrency exchange in Brazil that conducted the study on Bitcoin's performance compared to traditional safe haven assets.

Rony Szuster

The author of the Mercado Bitcoin study, who cautions that judging Bitcoin's performance too soon after a crisis can be misleading due to market volatility.

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What they’re saying

“This study suggests that Bitcoin may be the future of safe haven assets, offering investors a more resilient and flexible option in times of uncertainty.”

— Virgilio Hermann, Finance Writer

“Judging Bitcoin's performance too soon after a crisis can be misleading, as the market is often volatile and unpredictable in the immediate aftermath of a shock.”

— Rony Szuster, Author of Mercado Bitcoin Study

What’s next

The study's findings raise important questions about the future of safe haven assets and the role of digital currencies like Bitcoin in the broader financial system. As blockchain technology continues to evolve, it will be crucial to monitor how Bitcoin and other cryptocurrencies perform during times of economic and geopolitical turmoil.

The takeaway

This study highlights the potential of Bitcoin as a new type of safe haven asset that could offer investors a more resilient option in times of crisis. While traditional safe havens like gold and stocks have struggled, Bitcoin has consistently bounced back, challenging the conventional wisdom about risk mitigation. As the world becomes more digital and decentralized, the role of blockchain technology and digital currencies will only become more important in the financial landscape.