Because it stands, January is tied because the second-best performing month for bitcoin (BTC) prior to now ten months, surpassed solely by November 2024, which noticed a 37% surge in value after President Trump’s victory within the U.S. election.
It shares second-place with Might 2024, each recording an 11% acquire, in keeping with Coinglass information.
On common, January sees round a 4% acquire and has been traditionally the most effective performing months in previous years, with 5 of the previous six January’s registering a inexperienced month.
This January has been eventful with President Donald Trump taking workplace and pushing out many pro-crypto insurance policies.
Trying forward, February has traditionally been the third greatest performing month for bitcoin, registering a median of 16%. Solely two occasions in February has it seen a crimson month: 2014 and 2020, Coinglass information exhibits.
Even wanting barely additional forward, March can also be a seasonally bullish month for bitcoin, up over 13% on common. Because of this, Q1 is traditionally the second-best quarter for bitcoin, up 53%, simply behind This fall’s 85% acquire, in keeping with Coinglass.
