Crypto
August Volatility: Bitcoin's Mixed Performance Since 2013
Bitcoin's August performance is marked by unpredictability, with an average return of 1.12% since 2013, but a median return of -7.49%, indicating that most Augusts have actually been negative for the cryptocurrency.
The data highlights the volatility that continues to define Bitcoin's seasonal patterns, with only four out of thirteen Augusts closing higher.
The most notable August gain occurred in 2017, when Bitcoin surged by 65.32%, coinciding with the peak of that year's bull run, while the steepest August decline was recorded in 2015, with a drop of -18.67%.