Bitcoin and Ethereum, after closing July with features, entered August with traditionally weak efficiency knowledge. Previous month-to-month returns counsel that the potential for a destructive August shut for each cryptocurrencies shouldn’t be dominated out.
Ethereum outperformed Bitcoin in July, gaining 18.5%, in comparison with Bitcoin’s 7% rise. Thus, $ETH’s month-to-month return was roughly 11.5 proportion factors greater than Bitcoin’s.
Nevertheless, Ethereum’s August efficiency since 2016 presents a extra combined image. Of the ten Augusts examined, $ETH solely completed 4 with features, whereas it skilled losses in 6 durations.
Ethereum’s strongest efficiency in August was seen in 2017, when $ETH rose by 92.86%. The sharpest decline occurred in 2018, with Ethereum dropping 34.79% of its worth on a month-to-month foundation.
Ethereum’s common return in August since 2016 is 6.74 p.c. Nevertheless, the median return of -1.74 p.c means that the optimistic common is basically due to a couple sturdy durations, such because the extraordinary surge in 2017.
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Bitcoin’s historic August efficiency additionally doesn’t supply a transparent bullish sign for buyers. In response to the info, Bitcoin’s common return in August is 1.06%, whereas the median return is -6.99%.
Though Bitcoin’s common return remained optimistic to a restricted extent, the destructive median knowledge signifies that loss-making closes are extra typical in August. Bitcoin has additionally exhibited risky conduct in August not too long ago. The asset rose 8.13% in August 2025, gained 2.95% in 2024, and declined 4.02% in 2023.
Whereas historic knowledge reveals that common returns for each Bitcoin and Ethereum have been optimistic in August, it’s noteworthy that median returns have been in destructive territory. This means that sturdy rallies push averages upward, however a extra peculiar August might need resulted in the next likelihood of destructive efficiency.
*This isn’t funding recommendation.
