Markets· ★★★· bullish·

Bitcoin heads for one of its strongest Septembers ever, up 7.21%

  • —BTC is up 7.21% month-to-date, just behind September 2024's 7.29%
  • —A positive August has always been followed by a negative September since 2013
  • —The current quarter could be Bitcoin's second-best Q3 on record
  • —Q4 has historically delivered average returns of about 77.07%
Why it matters: Seasonal data points to a strong fourth quarter, but US Treasury yields above 5% and elevated oil prices are capping risk appetite.
Source: BTC-ECHO