Bitcoin Pumps Hardest on US Holidays, CoinGecko Finds
BeInCrypto
A CoinGecko study reveals that Bitcoin often delivers significantly higher next-day returns following US federal holidays compared to non-holiday periods.Summary
A study by CoinGecko analyzing Bitcoin price data from 2013 to 2026 indicates that US federal holidays historically trigger stronger market performance, with an average next-day return of +0.77%, quadrupling the +0.19% baseline for non-holidays. New Year's Day and Columbus Day demonstrate the highest gains and win rates. While most holidays correlate with positive performance, Martin Luther King Jr. Day and Independence Day have shown historical negative averages. Researchers attribute this "holiday effect" to capital reallocation and tax-related trading cycles, though they note that this trend diminishes over longer investment horizons.
(Source：BeInCrypto)