According to BlockBeats news, on October 9, according to data from Bitcoin investment company NYDIG, in the third quarter of 2021, the price of Bitcoin fell by 11.1%. Among major assets, the price performance was only better than long-term government bonds (down 11.9%). However, Bitcoin was not the only asset to fall this quarter.
Notably, nearly every other asset class, including stocks, bonds, gold and real estate, declined in the third quarter. Despite Bitcoin’s poor performance in the third quarter, it has maintained its position as the best-performing asset/asset class this year, with a year-to-date gain of 63.3%.
To sum up, although Bitcoin fell in the third quarter, the market as a whole still remains optimistic and looks forward to Bitcoin's future performance.
Notably, nearly every other asset class, including stocks, bonds, gold and real estate, declined in the third quarter. Despite Bitcoin’s poor performance in the third quarter, it has maintained its position as the best-performing asset/asset class this year, with a year-to-date gain of 63.3%.
To sum up, although Bitcoin fell in the third quarter, the market as a whole still remains optimistic and looks forward to Bitcoin's future performance.