Bitcoin Posts Dismal 11% Losses in Q3 But Historically Rebounds in Q4
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Bitcoin had dismal returns in Q3 2022, coming in second-to-last with -11.1% losses.
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Most other asset classes like stocks, real estate, and gold also saw losses in Q3.
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Analysts cite high inflation, rising rates, recession worries, and Bitcoin's seasonal weakness in Q3 for the poor performance.
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Bitcoin has historically rebounded in Q4, which is typically one of its best quarters.
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Despite Q3 losses, Bitcoin is still up 63% for 2022 so far, more than double most other assets.
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