Bitcoin’s Performance in January Could Make It the Second-Best Month of the Last 10 Months.
Bitcoin’s performance in January has been solid, ranking as the second-best month in the last ten months, only outdone by November 2024, which saw a 37% price increase following President Trump’s election win. Both January and May 2024 recorded an 11% gain, as per Coinglass data. Historically, January has been one of the top months for Bitcoin, with a 4% average gain and five of the last six Januarys closing in the green.
This year, the month has been particularly significant, with President Trump taking office and rolling out pro-crypto policies that have stirred market optimism.
Looking forward, February is traditionally a strong month for Bitcoin, with an average increase of 16%, making it the third-best month for the cryptocurrency. Only twice— in 2014 and 2020—has it experienced a loss in February, based on Coinglass data.
March, too, has been a seasonally favorable month, with Bitcoin typically seeing a 13% rise. The first quarter of the year historically ranks as the second-best for Bitcoin, showing an average growth of 53%, just behind Q4’s 85% increase.
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