Can the Bitcoin (BTC) Price Snap its Recent Run of Ugly May Returns?
Since 2011, Bitcoin (BTC) has posted an average return of 18.3% in May, according to data presented by bitcoinmonthlyreturn.com. However, two of the worst three Mays in Bitcoin’s history have come in the last two years....
However, two of the worst three Mays in Bitcoin’s history have come in the last two years.
In May 2021, Bitcoin shed a stunning 35.38% of its value.
In May 2022, Bitcoin dropped a more modest, but still ugly 15.56%.
And it’s not been the best start to May 2023....
Read More: Can the Bitcoin (BTC) Price Snap its Recent Run of Ugly May Returns?
Original source
Read on CryptonewsRelated market context
Scotland returns to the World Cup after 10,219 days, and crypto is along for the ride
Scotland's World Cup return coincides with FIFA's crypto integration, highlighting digital assets' growing role in global sports e...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Elon Musk’s SpaceX IPO fever sparks $1 billion crypto bet before Nasdaq debut
Crypto traders have turned Elon Musk’s expected SpaceX listing into a round-the-clock proxy market, pushing more than $1 billion t...
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based...
Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle
TL;DR X trader Cup says Bitcoin may be in a quiet accumulation phase before a larger move. The post claims retail traders could re...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...