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Bitcoin records 129% year-to-date gain seven months after halving

According to data from ICO Analytics, Bitcoin also experienced a 37% gain in November 2024. The ICO Analytics data measured monthly Bitcoin performance between 2011-2024 and revealed only three other years where Bitcoin experienced higher percentage gains for November.

These included 2013, with a staggering 459% gain, 2017 at 54%, and 2020, where Bitcoin recorded a 42% gain during the month.

The price performance of the decentralized, supply-capped asset is on schedule with other halving years, in which the price of Bitcoin begins to climb approximately six months after the halving event.

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Bitcoin records 129% year-to-date gain seven months after halving

According to data from ICO Analytics, Bitcoin also experienced a 37% gain in November 2024. The ICO Analytics data measured monthly Bitcoin performance between 2011-2024 and revealed only three other years where Bitcoin experienced higher percentage gains for November.

These included 2013, with a staggering 459% gain, 2017 at 54%, and 2020, where Bitcoin recorded a 42% gain during the month.

The price performance of the decentralized, supply-capped asset is on schedule with other halving years, in which the price of Bitcoin begins to climb approximately six months after the halving event.

Read More: https://cointelegraph.com/news/bitcoin-records-129-gain-seven-months-after-halving