Arcane Research’s 2022 year-end report cited that 2022 was the second-worst-performing year for Bitcoin (BTC), as the leading crypto saw a 65% decrease throughout the year, only beaten by the 73% sink recorded in 2018.

BTC’s performance was the second-worst of the year compared to Binance Coin (BNB), Ethereum (ETH), S&P 500, and Gold. ETH recorded the most significant decrease by falling 69%. Gold was the most resilient, recording only a 1% fall.