Bitcoin suffers worst month since November 2022, while Ethereum holds steady

Bitcoin's worst-performing month since November 2022 contrasts with Ethereum's relative stability.

James Van Straten
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James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • Bitcoin is currently 8% down as May closes out, the worst-performing month since November 2022, according to Coinglass data.
  • The largest cryptocurrency is down roughly 6% in the second quarter so far after a strong Q1 where Bitcoin appreciated 72%.
  • Ethereum faired better in May; currently 1% down, and up 1.96% in the ongoing Q2.
  • As the summer seasons start to kick in, this is a pretty good time for Bitcoin, with a lot of the pain historically coming in Q3.
Monthly Returns: (Source: Coinglass)
Monthly Returns: (Source: Coinglass)
Monthly Returns: (Source: Coinglass)
Monthly Returns: (Source: Coinglass)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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Bitcoin BTC (24h)
$79,058.68 -2.93%
Market Cap $1.58T
24H Volume $38.35B
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