Bitcoin's year-to-date gain is 129%, with November's gain ranking fourth among all-time monthly performances

According to data from ICO Analytics, Bitcoin has risen 129% so far this year, mainly driven by the results of the 2024 US presidential election and the halving event in April 2024. Bitcoin also experienced a 37% increase in November 2024. The data measures Bitcoin's monthly performance from 2011 to 2024 and shows that only three other years had a higher percentage increase in Bitcoin in November, including 2013 (459% increase), 2017 (54% increase), and 2020 (42% increase). Its price performance is consistent with other halving years, with the price starting to rise about six months after the halving event. According to CryptQuant data, the amount of Bitcoin available for purchase on digital asset exchanges is currently less than 2.5 million.