Bitcoin Sees Negative November Returns, Data Shows

Coinglass data reveals that Bitcoin experienced a notable negative return rate for November this year, landing at -12.39%. This marks a stark contrast to the average positive performance seen in November over the years. Historically, November’s average return has been a robust +42.49%, with an even stronger median of +8.81%. The past twelve years have shown eight instances of growth during this month and only four instances of decline. This data provides further insight into Bitcoin’s performance trends throughout the year.