What is the best month for crypto?

By average return across the largest coins, January (+11%). By how often it closed higher, July (6 of 8 years). With under 9 years of data for any month, treat both as history.

What is the worst month for crypto?

June has had the lowest average return (−12%), and the market closed it higher in 0 of 8 years.

Is there really seasonality in crypto?

The data shows differences between months, but each month has only a handful of years behind it and the coins move together, so a difference of a few percent is well within what chance produces. Several famous patterns have reversed within a cycle.

How is each month's figure calculated?

For each year, the equal-weight average of the coins' close-to-close return over that calendar month. The month's headline is the average of those yearly figures. Months still running and months that start part-way through a coin's data are left out.

Best and worst months for crypto: seasonality by month

How the 20 largest coins have done in each of the twelve calendar months since 2019, from daily closing prices. Choose the coins, compare the months, then open any month for its year-by-year record.

What stands out

January has been the strongest month on average (+11%, up in 4 of 8 years) and June the weakest (−12%, up in 0 of 8).
For Bitcoin alone the best month has been October (+17%) and the worst June (−4.1%).
Treat the top of the table with care: without its best year (2021), January's average falls from +11% to +0.9%.
July closed higher in the most years (6 of 8), which is not always the month with the highest average: one huge year can lift an average above a month that is simply more consistent.

Counted from daily closes since 2019. The coins move together, so each year is one observation for a month, not one per coin: about 8 observations at most.

Compare the months

Average return by month of the year

Each bar is the median coin in that month, averaged across the years, for the coins chosen above. Hover or tap a bar for the detail.

The twelve months compared

Select a month for its year-by-year record, or any column heading to sort.


January	+11%	−5.1%	4/8	+84% 2021	−25% 2022	1
February	+4.1%	+1.2%	4/8	+34% 2021	−31% 2025	6
March	+5.3%	+6.2%	5/8	+33% 2021	−29% 2020	5
April	+3.3%	+1.2%	5/8	+40% 2021	−26% 2022	7
May	+0.8%	+1.6%	4/8	+49% 2019	−30% 2021	8
June	−12%	−8.9%	0/8	−1.8% 2023	−27% 2022	12
July	+9.7%	+4.5%	6/8	+45% 2020	−20% 2019	2
August	−0.4%	−4.3%	4/8	+34% 2021	−20% 2019	10
September	+0.4%	−0.4%	4/8	+24% 2026	−18% 2020	9
October	+6.2%	+3.6%	5/7	+34% 2021	−11% 2025	4
November	+7.0%	−7.1%	3/7	+61% 2024	−19% 2025	3
December	−9.3%	−9.9%	1/7	+12% 2023	−21% 2021	11

In calendar order. Select a column heading to sort by it.

Every month of every year

The median of the chosen coins in each month since the data begins. Months still running are left out.


2019	−12	+11	+20	+0.3	+49	−2.3	−20	−20	−1.9	+8.8	−17	−15
2020	+33	−4.4	−29	+35	+9.6	−5.1	+45	+2.8	−18	−2.6	+39	−7.9
2021	+84	+34	+33	+40	−30	−20	+3.6	+34	−11	+34	−7.1	−21
2022	−25	+4.6	+12	−26	−29	−27	+18	−11	−2.6	+3.6	−16	−17
2023	+35	−2.2	+0.1	−3.0	−7.8	−1.8	+2.6	−17	+1.1	+9.7	+8.9	+12
2024	−13	+31	+16	−26	+11	−13	−1.6	−12	+7.8	+1.6	+61	−9.9
2025	+1.8	−31	−10.0	+3.3	+5.1	−3.0	+24	+2.8	+2.8	−11	−19	−6.7
2026	−14	−11	−0.4	+2.2	−1.9	−23	+5.3	+18	+24	–	–	–

Percent. Oldest year first; select a column heading to sort by a month.

History, not a forecast. A handful of years, dominated by a few big bull and bear runs, cannot establish a seasonal pattern. Use this to see what happened, not to time a purchase.

Questions

What is the best month for crypto?: By average return across the largest coins, January (+11%). By how often it closed higher, July (6 of 8 years). With under 9 years of data for any month, treat both as history.
What is the worst month for crypto?: June has had the lowest average return (−12%), and the market closed it higher in 0 of 8 years.
Is there really seasonality in crypto?: The data shows differences between months, but each month has only a handful of years behind it and the coins move together, so a difference of a few percent is well within what chance produces. Several famous patterns have reversed within a cycle.
How is each month's figure calculated?: For each year, the equal-weight average of the coins' close-to-close return over that calendar month. The month's headline is the average of those yearly figures. Months still running and months that start part-way through a coin's data are left out.

Disclaimer: This page is educational and does not constitute financial advice. It describes past price moves from daily closes on Binance and leaves out fees, taxes and staking rewards. Past performance does not predict future results. Cryptocurrency prices are volatile; never invest more than you can afford to lose.