The post Bitcoin (BTC) Price on Track to Have Second-Best Month in the Past 10 Months appeared on BitcoinEthereumNews.com.

As it stands, January is tied as the second-best performing month for bitcoin (BTC) in the past ten months, surpassed only by November 2024, which saw a 37% surge in price after President Trump’s victory in the U.S. election. It shares second-place with May 2024, both recording an 11% gain, according to Coinglass data. On average, January sees around a 4% gain and has been historically one of the best performing months in past years, with five of the past six January’s registering a green month. This January has been eventful with President Donald Trump taking office and pushing out many pro-crypto policies. Looking ahead, February has historically been the third best performing month for bitcoin, registering an average of 16%. Only two times in February has it seen a red month: 2014 and 2020, Coinglass data shows. Even looking slightly further ahead, March is also a seasonally bullish month for bitcoin, up over 13% on average. As a result, Q1 is historically the second-best quarter for bitcoin, up 53%, just behind Q4’s 85% gain, according to Coinglass. Source: https://www.coindesk.com/markets/2025/01/31/january-could-be-bitcoin-s-second-best-month-in-the-past-10-months

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Filed under: News - @ January 31, 2025 12:21 pm