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Historically, August is Bitcoin’s weakest month. Since the cryptocurrency’s inception, the summer lull has produced a median decline of around seven percent.
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In a BTC-ECHO poll of 3,916 participants, 32 percent expect that pattern to repeat in 2025. By contrast, 60 percent believe August won’t mark the low this year and might even finish positive.
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Eleven days in, one lesson stands out: past trends aren’t a roadmap for what comes next.
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Since August 1, Bitcoin has risen from 116,000 US dollars to 121,000 US dollars—about a four percent gain—according to Yahoo Finance.
A Bitcoin price chart shows a steady uptrend from August 4 to August 10, capped by a sharp move above 121,000. Volume appears below the chart—an interesting contrast with August’s reputation as the weakest month.
Bitcoin has gained roughly four percent since August 1 | Source: Yahoo Finance
That said, it’s too soon to celebrate. August still has three weeks to run—and plenty can happen.