BTC Growth Rate Tracked By Major Events

Viet NguyenViet Nguyen
3 min read

(Update 18/07/2025)

Major Events throughout the history of Cryptocurrency & How BTC growth reacts

Time

Event

Type

BTC Growth (1Mo Prior to Event)¹

BTC Growth (1Mo Following Event)²

Dec 2013

China bans Bitcoin transactions.

Political / Regulatory

+469.3%

-35.90%

Feb 2014

Mt. Gox Collapse

Industry / Shock

-33.80%

-16.80%

Mar 2014

The US IRS issues guidance treating virtual currency as property for tax purposes

Political / Regulatory

-16.80%

-2.10%

Sep 2017

China bans Initial Coin Offerings (ICOs)

Political / Regulatory

+1.2%

+23.1%

Sep 2021

El Salvador adopts Bitcoin; China declares all crypto activities illegal

Political / Regulatory

+13.4%

+40.0%

Mar 2022

"Ensuring Responsible Development of Digital Assets" signed in the US

Political / Regulatory

+12.1%

-17.10%

May 2022

Terra (LUNA) Collapse:

Industry / Shock

-15.70%

-37.80%

Sep 2022

The Ethereum moves from Proof-of-Work to Proof-of-Stake

Industry / Tech

-3.10%

+5.5%

Nov 2022

FTX Collapse

Industry / Shock

-16.20%

-3.60%

Jun 2023

EU's MiCA regulation is adopted

Political / Regulatory

+12.0%

-4.10%

Jan 2024

US Spot Bitcoin ETF Approval

Industry / Finance

+0.7%

+43.7%

Jun 2024

The stablecoin provisions under the EU's MiCA regulation take effect

Political / Regulatory

-6.60%

+4.8%

Dec 2024

CASPs under MiCA come into full application.

Political / Regulatory

-3.10%

+9.6%

May 2025

FIT21

Political / Regulatory

+11.1%

+2.3%

Jul 2025

US Congress holds "Crypto Week": CLARITY Act, GENIUS bill & Anti-CBDC passed

Political / Regulatory

+10.9%

N/A³

¹ BTC Growth (Prior to Event): This is the percentage change in the monthly closing price of Bitcoin from the month before the event to the month of the event. It indicates the market momentum leading into the event. (e.g., For a September event, this is the growth from August's close to September's close).
² BTC Growth (Following Event): This is the percentage change in the monthly closing price of Bitcoin from the month of the event to the month after the event. It indicates the market momentum immediately following the event. (e.g., For a September event, this is the growth from September's close to October's close).
³ N/A: As the current date is July 2025, forward-looking price data for future months is not available. The growth prior to the July 2025 event is calculated using the closing price of June 2025 and the price as of mid-July 2025.

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Viet Nguyen
Viet Nguyen