Data: BTC fell 11.1% in the third quarter, outperforming only long-term government bonds among major asset classes

ChainCatcher news, according to data from Bitcoin investment firm NYDIG, the BTC price has fallen by 11.1% in the third quarter of this year, performing better than only long-term government bonds (which fell by 11.9%) among major asset classes. However, BTC is not the only asset that declined this quarter. Almost all other asset classes, including stocks, bonds, gold, and real estate, also experienced declines in the third quarter.

Moreover, despite the poor performance in the third quarter, Bitcoin continues to hold its position as the best-performing asset/asset class this year, with a year-to-date growth of 63.3%.