Bitcoin's September Struggles: Average Return of -3.77% Since 2013

Despite bull market conditions, September has historically been a tough month for Bitcoin, with notable drops in 2017 and 2021.

BTC

199d ago

Summary

Bitcoin has consistently underperformed in September, recording an average return of -3.77% since 2013. Even in bull markets, such as 2017 and 2021, the cryptocurrency saw declines, with notable drops of -7.44% and more.

Terms & Concepts

Bull Market: A market condition in which asset prices are rising or are expected to rise.
Bitcoin: A decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer Bitcoin network.