This thesis, which is in the finance field of study, explores the impact of the COVID-19 monetary crisis on five key financial instruments : Bitcoin, IHSG, USD, Gold, and Oil. In the midst of the pandemic's market turbulence, the research examines variation in returns, risks, variances, and the probability of loss across these assets. Using purposive sampling and historical data from 2017 to 2022, quantitative methods including t-tests, Wilcoxon signed rank tests, f-tests, and Z-tests are employed to distill insights. The analysis reveals consistent returns across all investment pairs, implying comparable investment potential. The pandemic minimally affects returns, variances, and loss probabilities, highlighting instrument resilience during financial upheaval. While variances vary significantly among the instruments, the probability of loss remains relatively uniform. Nuanced disparitie emerge in some variances and loss probabilities, notably between gold and IHSG during the pandemic era. These findings empower investors and portfolio managers to make informed decisions, endorse long-term investment strategies, and advocate for risk diversification. Financial institutions can leverage these insights for innovative product development, while regulators can base policies on empirical research, bolstering financial landscape resilience. The research offers a blueprint for future investigations into financial instrument performance during crises, promising a deeper understanding of market dynamics and effective decision-making strategies amid uncertainty. This study illuminates the performance, stability, and risk-return profiles of bitcoin, IHSG, USD, Gold, and Oil, independently and amid the COVID-19 pandemic. It underscores instrument resilience during turbulent financial periods, providing guidance for investor, portfolio managers, financial institutions, and regulators navigating financial markets during crises and uncertainty.