Bitcoin (BTC) investors are hoping to break the trend of four consecutive Monday losses.
Recent weekends have seen significant price volatility in the largest cryptocurrency, driven by macroeconomic uncertainties such as geopolitical tensions, tariffs, and rising global bond yields. This weekend anxiety seems to spill over into Mondays.
Data from Velo indicates that over the past three months, Mondays and Thursdays have been the most negative days of the regular workweek. Surprisingly, Sundays have been the worst-performing day of the week overall, with an average price decline of 1%. Generally, weekends perform slightly worse than weekdays in terms of performance.
Bitcoin’s three-month return by day, weekend (Velo)
According to Coinglass data, Bitcoin has seen declines on the past four Mondays. It lost 0.31% on Feb. 17, 4.6% on Feb. 24, 8.5% on March 3, and 2.6% on March 10. This drop is part of a 30% decline from its all-time high in late January, coinciding with a 10% slide in the S&P 500.
The S&P 500 has also seen losses on three consecutive Mondays. There was no trading on Feb. 17 due to a U.S. holiday.
Currently, Bitcoin is trading just 1.4% higher over the last 24 hours, while S&P 500 futures have turned slightly negative. The future remains uncertain.
