Bitcoin Shows 1.3% Average Increase During Christmas, Coingecko Report Reveals

A research report by Coingecko, highlighted by TechFlow, indicates that Bitcoin has historically experienced an average rise of 1.3% during the Christmas period over the past decade. This trend reflects notable price movements both before and after the holiday.The analysis reveals that Bitcoin rose seven times in the week leading up to Christmas, with gains ranging from 0.20% to 13.19%. Post-Christmas, Bitcoin registered five increases, ranging from 0.33% to 10.86%. The most significant pre-Christmas surge was in 2016, with a 13.19% gain, while the steepest decline of 21.30% occurred in 2017. Other years saw relatively minor corrections, such as drops of 1.37% in 2015 and 0.11% in 2019, while post-Christmas declines ranged between 0.04% and 6.42%.This data underscores Bitcoin’s tendency for notable volatility during the festive season, with a general upward bias, making it a key period for traders and investors to monitor.