Analysis: Commodities Outperform Bitcoin in Early 2026 as Oil Surges 62% and Gold Extends Rally

Commodities are outperforming Bitcoin in early 2026, with crude oil leading the market after a sharp rebound and gold continuing its strong upward trend.Key FindingsCommodities Outperform Bitcoin in Early 2026Oil Outperforms Bitcoin by 72.4 Percentage PointsCrude Oil Pulls Ahead of Gold and Bitcoin in 2026Oil Leads the Market With a 61.8% ReboundGold Extends Its 2025 Rally as Safe-Haven Demand HoldsBitcoin Falls Further After a Negative 2025Bitcoin, Gold, and Oil Price Trends Show a Clear DivergenceMethodology

This analysis compares Bitcoin (BTC), Gold (XAU/USD), and Crude Oil (WTI) using daily closing prices in USD.

The 2025 return is calculated from December 31, 2024 to December 31, 2025. The 2026 YTD return is measured from December 31, 2025 to April 22, 2026.

Outperformance is expressed in percentage points relative to Bitcoin, which is used as the base asset for comparison. For the indexed performance chart, all asset prices are indexed to 100 on January 2, 2026.

About Author

See author's posts

Tags: 2026, after, Bitcoin, commodities, crude, Crypto, crypto research, early, leading, market, outperforming, with