Bitcoin has started the year strong, positioning January as the second-best month for the cryptocurrency in the last ten months. November 2024 remains the top performer, with a significant 37% rise in price after President Trump’s electoral win. January, which shares second place with May 2024, saw an 11% gain, according to Coinglass data. Typically, January posts an average increase of 4%, and over the past six years, five of those Januarys have been positive.
This year, the optimism has been fueled by President Trump’s new administration and his pro-crypto policies, adding a layer of excitement to the market.
Looking ahead, February is historically a strong month for Bitcoin, with an average gain of 16%, and has only had negative returns twice in the past decade—once in 2014 and again in 2020.
March follows a similar bullish pattern, showing an average increase of more than 13%. These trends make Q1 typically the second-best-performing quarter for Bitcoin, with a 53% average return, trailing behind Q4’s impressive 85% growth.
