Canaccord: Cryptocurrencies continue to outperform the stock market

According to a report by Canaccord, digital assets continue to outperform the stock market this year, with Bitcoin (BTC) leading the way. Bitcoin rose about 140% year-on-year in the last quarter, outperforming Ethereum (ETH), which rose about 60%, and the S&P 500, which rose nearly 30%. The report pointed out that if Bitcoin follows the historical post-halving pattern, a potential rebound could begin between now and April next year. Canaccord also said that as demand for inflation hedging declines, Bitcoin's dominance may weaken. (Coindesk)