Bitcoin suffers worst month since November 2022, while Ethereum holds steady 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.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,135.16
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
