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Bitcoin’s monthly returns for 2024 have showcased notable volatility. January started the year with a modest gain of +0.87%, followed by a substantial surge of +44% in February, reflecting strong investor confidence. March continued this positive momentum with a +16.3% return.
However, April saw a decline of -14.7%, indicating a market correction. May bounced back with an +11.1% gain, but June experienced another drop of -7.11%. July closed the month with a small positive return of +2.92%, highlighting ongoing fluctuations.
The year-to-date (YTD) return is an impressive +51.8%, with a 6-month return of +42.8% and a 1-year return of +116.3%. Short-term performance over the past 7 days shows a slight decline of -1.67%, while the 3-month return is +8.85%. This analysis highlights Bitcoin’s dynamic market behavior and underscores the importance of staying informed about market trends.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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