Bitcoin Defies Seasonal Slump With Third-Best August Ever

Bitcoin Magazine Bitcoin Defies Seasonal Slump With Third-Best August Ever Bitcoin is known for its summer slumps.

But August was different.  In fact, the leading cryptocurrency had its third best August ever.  As highlighted on Tuesday by Bitwise’s European Head of Research, André Dragosch, bitcoin delivered returns of 25% last month.  “No ‘summer lull’ so far,” Dragosch wrote on X, highlighting that the only better Augusts the coin has had were in 2017 when it gave investors returns of nearly 66%, and 2013, with close to 31%.  OFFICIAL: August 2026 is in the books and it's been the 3rd best August in bitcoin's history.

August 2017: +65.6%August 2013: +30.7%August 2026: +25.0%No "summer lull" so far. pic.twitter.com/jwHt2VP5Sk— André Dragosch, PhD (@Andre_Dragosch) September 1, 2026 Multiple analyses point to the months of June-September showing weaker average returns than the rest of the year.

Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000.  But that changed in mid-August after the U.S.