CryptoBitcoinBitcoin closed September with a return of 3.99% according to Cryptorank

Bitcoin closed September with a return of 3.99% according to Cryptorank

2023 has been a year that has brought volatility back to the market, a year marked by many ups and downs, in which bitcoin has had two of the three quarters with positive closes. On this occasion, data from the Cryptorank portal show that September closed with returns higher than 3.99% compared to the end of August.

The graphs shown by the portal indicate that the first quarter closed with 72.3% positive returns in that time. In the second quarter of the year, returns continued to be positive, but not with the high percentage recorded in the first three months of the year. The data indicates that the second quarter closed with gains close to 7.03%.

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Now, in the third quarter of the year, news such as the sale of bitcoin holdings by SpaceX influenced the stability and performance of the crypto asset’s price. Likewise, in the month of July, a 9.3% reduction was recorded in the monthly spot exchange volume, marking the second worst performance of the year with a total of 420.2 billion dollars.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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