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28d 17h ago

Bitcoin November Returns Dip to -6.55% Year-to-Date vs 12-Year Average of +42.49% (8 Gains, 4 Losses)

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Bitcoin November Returns Dip to -6.55% Year-to-Date vs 12-Year Average of +42.49% (8 Gains, 4 Losses)

COINOTAG News, citing Coinglass data, shows that Bitcoin‘s November year-to-date return sits at -6.55% as of November 8, underscoring a sharp deviation from the long-run historical average for the month of +42.49%. The reading signals notable intra-month volatility, even as the benchmark remains well above many global equities on longer horizons.

Since 2013, Bitcoin‘s average November return sits at +42.49% with a median of +8.81%, according to historical data. Across the last 12 Novembers, the month yielded gains in 8 years and losses in 4, indicating a mixed, but historically favorable, November profile for holders and traders.

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    Bitcoin November Returns Dip to -6.55% Year-to-Date vs 12-Year Average of +42.49% (8 Gains, 4 Losses) - Breaking News