Bitcoin’s June Market Trends: A Historical Analysis of Gains and Losses Since 2013

As reported by COINOTAG on June 1st, data from Coinglass reveals intriguing insights into Bitcoin’s performance during the month of June over the past decade. An analysis of the 12 June trends since 2013 indicates an equal split between **market increases** and **decreases**, with Bitcoin experiencing growth in six instances and declines in the other six. Notably, the most significant upswing occurred in June 2016, showcasing a **remarkable gain** of 27.14%. Conversely, the steepest downturn transpired in June 2022, recording a sharp **decline of 37.28%**. Overall, the historical average return for Bitcoin during this month stands at a modest **-0.35%**, emphasizing the volatility and unpredictability inherent in the cryptocurrency market. Investors should remain vigilant and informed, considering these trends when strategizing their portfolios.