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CCData: September has always been one of the worst performing months for Bitcoin prices

CCData: September has always been one of the worst performing months for Bitcoin prices

Bitget2024/09/03 14:17

ChainCatcher message, according to CCData statistics, September has always been one of the worst-performing months for Bitcoin prices, with an average return rate of -4.51%. Historically, only six Septembers have recorded positive returns. In contrast, April and November have the highest average return rates at 35.6% and 39.2% respectively. Despite usually underperforming in September, it bucked the trend in 2023 and achieved a modest return of 4.00%.

Despite low returns, Bitcoin's annualized volatility in September is relatively low on average at 79.2%.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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