In the first quarter of 2021, the world's first digital currency outperformed other institutional assets. In the first quarter, Bitcoin returned more than 101 percent on investment. Gold, Bitcoin's main rival as an inflation hedge, fell 9.4%, while oil rose 24.2 percent. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all increased by 9.1%, 6.5 percent, and 2.9 percent, respectively. Bitcoin's estimated market capitalization of $1.1 trillion will soon exceed Gold's market capitalization of $11 trillion.