Q3’s 2nd Worst, Yet 2023’s Best Asset Class: Bitcoin, According to NYDIG Research

On October 6, Greg Cipolaro, Global Head of Research at NYDIG, a subsidiary of Stone Ridge that “delivers Bitcoin products across industries, from banking and insurance to fintech and nonprofits,” published NYDIG’s latest weekly research report. Bitcoin’s Resilient Performance: NYDIG’s Observations Cipolaro reports that Bitcoin’s price fell by 11.1% during the quarter. Despite this decline, it