Bitcoin Quarterly Returns

Historical price returns computed from daily futures closes: monthly and quarterly heatmap, weekly strip, weekday averages and yearly totals. Month return = last close of the month vs the previous month's last close; quarters and years compound the months.

Quarter by quarter

Each quarter compounds its three months — the coarsest grain that still shows a cycle turning inside a single year.

HOVER A CELL
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MARK
YEAR
Q1
Q2
Q3
Q4
2026YTD
−22.1
−14.1
42.6
0.4
2025
−11.8
29.8
6.4
−23.1
2024
68.7
−12.0
0.9
47.8
2023
72.1
7.0
−11.5
57.0
2022
−1.5
−56.2
−2.6
−14.8
2021
104
−41.9
28.1
5.5
2020
−10.9
42.6
17.9
167
2019
9.7
163
−23.4
−13.2
2018
−50.7
−8.2
3.5
−43.5
2017
11.2
131
74.9
226
2016
−3.2
61.6
−9.4
58.1
2015
−23.7
7.7
−10.3
82.4
2014
−39.4
40.0
−39.5
−17.3
2013
584
4.4
37.7
467
2012
6.0
36.6
86.9
8.3
2011
164
1,943
−68.5
−9.4
2010
·
·
0.1
385
Median
2.3
18.7
0.87
28.1
Price return in USD from daily futures closes. 2026 is partial — in-progress figures are set in italics.BTC · USD · JUL 2010 — OCT 2026 · UPDATED OCT 12, 2026

About Bitcoin quarterly returns

This page compresses Bitcoin's history into four cells per year — Q1 through Q4 — the coarsest grain of the Coinfuty returns grid that still shows a cycle turning inside a single year. It is built from the same daily closes as the daily, weekly, monthly and yearly views, and the coin selector re-cuts the same grid into crypto quarterly returns for any listed coin.

Each quarter compounds its three calendar months, and each month is its last daily close against the previous month's last close, in USD on UTC boundaries. Compounding means a quarter's figure is what a position held through those three months would actually have returned, and the Median row summarizes each quarter across all years.

Bitcoin seasonality is most often told in quarters — strong fourth quarters, soft second ones — but the ranking moves as new years land. The current quarter stays italic and ringed until it closes, so an in-progress figure is never mistaken for a final one.

Frequently asked questions

How much is BTC up or down this quarter?

Bitcoin is up 0.4% quarter-to-date in Q4 2026, compounding October through the daily close of 12 October 2026 (UTC). The figure keeps moving until the quarter closes.

What was BTC's return last quarter?

Bitcoin returned +42.6% in Q3 2026, its most recent completed quarter, compounding that quarter's three monthly returns. The median Q3 return on record is +0.9%, so it came in above the norm.

What are BTC's quarterly returns in 2026?

Bitcoin's 2026 quarters so far: Q1 −22.1%, Q2 −14.1%, Q3 +42.6%, Q4 +0.4% (in progress). Compounded together they put Bitcoin down 4.2% year-to-date.

What was BTC's return in each quarter of 2025?

2025: Q1 −11.8%, Q2 +29.8%, Q3 +6.4%, Q4 −23.1%. The strongest quarter was Q2 at +29.8% and the weakest Q4 at −23.1%; the full year compounded to −6.4%.

What is BTC's average Q4 return historically?

Across 16 completed Q4s on record, the median Q4 return for Bitcoin is +28.1%. The best Q4 was 2013 at +466.9%, the worst 2018 at −43.5%, and 10 of 16 closed positive. The current Q4 is excluded until it closes.

Which quarter is historically BTC's strongest and weakest?

By median return across all completed years, Q4 has been Bitcoin's strongest quarter at +28.1% and Q3 its weakest at +0.9%. Q1 +2.3%, Q2 +18.7%, Q3 +0.9%, Q4 +28.1% are the four medians; they shift as each new year is added.

What are BTC's best and worst quarters on record?

Across 65 completed quarters, Bitcoin's best was Q2 2011 at +1,943% and its worst Q3 2011 at −68.5%. 39 of 65 quarters closed positive.

What is Bitcoin's best quarter historically?

The Median row answers this live: it shows each quarter's median return across all recorded years, and the strongest quarter is its highest cell. Fourth quarters have often led historically, but the ranking shifts as new years are added, so the live grid is the source of truth.

How is a quarterly return calculated here?

By compounding the quarter's three monthly returns, each of which is the month's last daily close against the previous month's last close, in USD on UTC boundaries. Compounding matches what a buy-and-hold position over the quarter would have earned.

Why is the quarterly figure not the sum of its three months?

Because returns compound. A +10% month followed by a −10% month leaves −1%, not 0%. The quarterly figure multiplies the monthly factors together, which is the return a held position would actually see.