Bitcoin Soars 38.90% in Q3, on Track for Best Third Quarter in Decade

Bitcoin's Q3 surge has reached nearly 40%, putting it on track for its best third quarter in a decade.

The cryptocurrency rallied 38.90% between July and September, according to data from Bitbo.

This is only the fourth time Bitcoin has seen such significant growth during this period, with previous returns of 87.14% in 2012, 79.8% in 2017, and 49.4% in 2013.

The rally began in late August when Bitcoin reclaimed $80,000 for the first time since mid-May.