Ten Octobers of data, and only one coin earns the reputation. Your next 3 trades are 75% OFF with BTCMONTH75.

October is bitcoin's month, and ten years of data say it is nobody else's

Every year around now the same line goes round, that October is crypto's month. It gets repeated often enough that almost nobody checks it. Across the last 10 Octobers bitcoin's price closed higher than it opened 8 times, with an average gain of 17.8% and a median of 13.0%. That average leans heavily on two years, with October 2017 returning 47.9% and October 2021 returning 39.9%, while the two losing years were mild by comparison at 3.8% and 3.7% lower.

The claim thins out as soon as you look past bitcoin. Ethereum closed 6 of those same 10 Octobers higher, averaging 3.3% with a median of 0.4%, which puts a typical October for ethereum close to flat. XRP has 9 Octobers on record since 2017, closed higher in 4 of them, and averaged 0.8% lower across the set.

Three records, one month, and almost no agreement between them. October's reputation rests on bitcoin and gets lent to everything else, which is how a pattern that holds for one asset ends up quoted for a whole market. Wide spreads sit underneath all three averages, so 10 years describes a tendency while any single year describes very little.

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