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Bitcoin has experienced a tumultuous year, with significant fluctuations evident in its monthly returns. January kicked off mildly with a +0.87% increase, but the market quickly heated up in February, soaring to a +44% gain. The positive momentum continued into March, posting a +16.3% return.
However, the following months saw a reversal of fortunes. April recorded a substantial -14.7% drop, erasing some of the earlier gains. May managed a recovery with an +11.1% increase, but the volatility persisted into June with a -7.11% decline. Bitcoin’s performance in July showed a slight positive adjustment, up by +2.92%.
As we moved into August, the market took another dip, falling by -8.7%. This roller coaster pattern underscores the unpredictable nature of Bitcoin investments, highlighting both the potential highs and the significant risks involved. Despite these monthly fluctuations, the year-to-date gain stands at +36.9%, with an impressive +124.7% increase over the past year.
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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