How did Bitcoin and Ethereum perform in August? Here are the key facts you need to know
Bitcoin and Ethereum ended July with gains but entered August with historically weak performance indicators. Past monthly trends suggest a negative closing for both cryptocurrencies in August cannot be ruled out.
In July, Ethereum outperformed Bitcoin, gaining 18.5% compared to Bitcoin's 7%. However, Ethereum's August performance since 2016 is mixed, having closed higher in only 4 out of 10 years. Its best August was in 2017 with a 92.86% surge, while its worst was in 2018 with a 34.79% decline. While Ethereum's average August return is 6.74%, its median return is -1.74%, indicating the positive average is heavily skewed by a few strong rallies.
Bitcoin's historical August data is also not decisively bullish. Its average return is 1.06%, but the median is -6.99%, showing negative closings are more common. Recently, Bitcoin has shown volatility in August, gaining 8.13% in 2025, 2.95% in 2024, and declining 4.02% in 2023.
In summary, while the average August returns for both assets are positive, the negative median returns imply that strong rallies inflate the average, and a negative monthly performance is a more typical outcome for August.
cryptonews.ru14 min fa
