Bitcoin establishes highest monthly returns since October 2021

The second-best January in Bitcoin history.

James Van Straten
By James Van Straten
Former Lead Analyst CryptoSlate
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 (BTC) established its highest monthly returns since October 2021 and its second-best January in history.
  • BTC monthly returns for January currently stand at 38.07% as of press time — a rise only exceeded in January 2013 at a monthly returns rate of 44.05%.
  • As BTC price sentiment shifts to bullish, speculation as to whether we are amid the longest BTC bear market is starting to fade.
  • BTC closed four consecutive weekly green candles for the first time since August 2021.
Bitcoin monthly returns - (Source: Coinglass)
Bitcoin monthly returns – (Source: Coinglass)
Bitcoin monthly returns: (Source: Glassnode)
Bitcoin monthly returns: (Source: Glassnode)
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Bitcoin Glassnode
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
$65,701.05 -0.92% (24H)
Market Cap
$1.32T
24H Volume
$24.25B
Circulating Supply
20.04M
Layer 1 Dominance
71.3%
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