According to BlockBeats, using data from Coinglass, Bitcoin’s performance in August has shown a mixed trend since 2013. Out of the past twelve years, Bitcoin has seen price gains in four Augusts and declines in eight. The most notable surge happened in August 2017, when Bitcoin rose by 65.32% in a single month. On the other hand, the steepest drop occurred in August 2015, with the price falling by 18.67%.

Between 2013 and now, Bitcoin’s average return for the month of August is 1.75%, but the median return is -8.04%, suggesting that negative months have had a stronger impact overall.$BTC