Bitcoin’s June Struggles Continue as S&P 500 Eyes Third Summer Rally
The post Bitcoin’s June Struggles Continue as S&P 500 Eyes Third Summer Rally appeared on BitcoinEthereumNews.com.
Bitcoin is facing a potential fourth straight summer loss if it ends the 2025 stretch in the red, while the S&P 500 will log its third straight seasonal rally if its winning streak continues. From 2020 to 2024, the S&P 500 logged eight positive July and August performances, while Bitcoin (BTC) had six. So, while their summer trends aren’t entirely decoupled, the divergence has become clear in June. Since 2020, Bitcoin has posted just one positive June, while the S&P 500 has seen only two negative ones over the same span. A closer look at the past few years shows that Bitcoin’s summer slumps have less to do with seasonal patterns and more to do with crypto-native shocks and economic trends, such as China’s mining ban, halving cycles and post-COVID inflation. Here’s how the past five summers played out and what may lie ahead. June is the second-worst month for Bitcoin after September. Source: CoinGlass Bitcoin starts decade hot despite China’s crackdown In June 2020, Bitcoin dropped 3.18%. But that figure masks Bitcoin’s strong momentum heading into the month. It broke above $10,000 for the first time since the COVID-induced crash in February. Bitcoin had a sharp sell-off following the May 11 halving — a “sell the news” event — which drove the asset down to around $5,000. By July, global stimulus packages and near-zero interest rates had boosted appetite for risk assets, lifting both equities and crypto. The S&P 500 ended every month from June to August in the green, while crypto markets were buoyed by what’s now remembered as “DeFi Summer,” the first wave of yield farming mania. Bitcoin ended June 2020 lower than it started but carried strong momentum throughout the month. Source: CoinGecko But 2021 told a different story as Bitcoin entered the summer with regulatory…
Filed under: News - @ June 25, 2025 4:24 am