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#GateioLaunchpad#
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Open Gate.io App » Click "Home" » Click "Post" at the bottom of the Home-"Chat" » Enter Gate.io Group or
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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
- 🎊 12th Anniversary Celebration Continues — Limited-Time Revelry Round 3 is On!
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Event Details: https://www.gate.io/announcements/article/44624
How have Bitcoin returns, as a barometer of the cryptocurrency market, performed in May throughout history?
The chart below shows data statistics from third-party websites such as tradingview; from the chart, it can be seen that historically in May, Bitcoin has had more overall positive returns, but the difference is not significant. From 2012 to 2024, over 13 years, the rise and fall ratio is 7:6.
In the second year following the previous three halvings, namely: 2013, 2017, and 2021, the rise and fall ratio was 1:2; the average monthly return rate was approximately +10.2%, the maximum increase was +70.4% in 2017, and the maximum decrease was -35.1% in 2021.
Overall, Bitcoin's performance in May was quite volatile, with significant increases and noticeable declines. Years of increases are usually accompanied by positive market sentiment and strong investor demand, while years of declines may be influenced by macroeconomic factors, changes in regulatory policies, or market adjustments.