Bitcoin Posts -6.55% Return in November, Below Historical Average

Bitcoin’s November performance shows a significant drop compared to historical averages, marking only the fourth negative November in the past twelve years.

BTC

Summary

Bitcoin's November return stands at -12.39%, according to Coinglass data, sharply underperforming its historical average of +42.49%. Since 2013, November has a median return of +8.81%, with eight positive Novembers and four negative ones over the past twelve years.

Terms & Concepts
  • Median return: A statistical measure representing the middle value of historical returns, useful for assessing typical performance trends.
  • Coinglass: A cryptocurrency analytics platform providing market data, historical trends, and performance metrics for digital assets.
  • Historical average: The mean performance value calculated from a set of past data points over a defined period.