According to the latest report from the New York Digital Investment Group (NYDIG), Bitcoin continues to stand out as the best-performing asset in 2024. Despite facing various market challenges, Q4 is expected to remain positive for Bitcoin's price.
Bitcoin has maintained a remarkable 49.2% increase in 2024. Even with a significant 30% decline in Q3, it has managed to stay above $60,000. Compared to other assets, its performance far surpasses that of precious metals and stocks; silver has risen by 30.6% and gold by 26.5%.
In Q3 alone, Bitcoin's gains were more modest, achieving only a 2.5% increase. This was largely due to selling pressure from governments, which created concerns among investors.
The report emphasizes that Bitcoin has significant momentum to continue increasing through Q4, reinforcing its position as a leading asset.
