Bitcoin has emerged as the top-performing investment in 2024, surpassing traditional assets like gold, silver, and stocks with a year-to-date growth of 49.2%. Despite facing some challenges in the market, Bitcoin’s resilience and upward trend have been highlighted in a recent report from the New York Digital Investment Group (NYDIG. The report suggests that Bitcoin’s positive momentum may continue into the final quarter due to favorable conditions and increased interest.
As Bitcoin maintains its standout rise throughout 2024, even amidst a pullback in Q3, its performance outshines assets like silver and gold. Despite government sell-offs placing pressure on Bitcoin, particularly from countries like the U.S. and Germany, its performance has remained robust. NYDIG also cites reasons for optimism for Bitcoin in Q4, such as positive views on the crypto industry from U.S. presidential candidates and increased interest from investors seeking diverse portfolios, further supporting Bitcoin’s potential growth.
Source: https://coinpedia.org/news/bitcoin-crushes-gold-and-silver-to-become-2024s-top-surged-asset-is-90k-next/
