
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