Report: BTC remains the best-performing asset so far this year

According to Jinse Finance, New York Digital Investment Group (NYDIG) stated that despite the seasonal weakness in the third quarter, BTC remains the best-performing asset of the year so far. Greg Cipolaro, the research director of NYDIG, stated in a report on October 4 that sales in the third quarter only rose 2.5%, rebounding after a decline in the second quarter but hindered by large-scale sales during the same period. Cipolaro said that BTC is still the best-performing asset class in 2024, but its lead has narrowed. BTC has pumped 49.2% so far this year. For most of the past six months, trading has remained within a range of fluctuation due to major resistance such as the distribution of Mt. Gox and Genesis creditors (totaling nearly $13.5 billion) and the massive dumping of BTC by the US and German governments. Cipolaro added that other assets such as precious metals and certain stock industries have pumped relative to BTC. Most asset classes have had a brilliant year. BTC also pumped against the trend in September, up 10%, which is usually a bearish month for this asset.