Bitcoin fell 11.1% in Q3, ranking second to last among major asset classes

TechFlow news, according to data from bitcoin investment firm NYDIG, the price of Bitcoin declined 11.1% in the third quarter of this year, outperforming only long-term government bonds (down 11.9%) among major asset classes.

Almost all other asset classes, including stocks, bonds, gold, and real estate, fell during the third quarter.

Nevertheless, despite the weak performance in the third quarter, Bitcoin remains the top-performing asset or asset class this year, rising 63.3% year-to-date.