Bitcoin October Slump: Fourth Worst On Record Since 2013, Per Fortune Analysis
NegativeCryptocurrency

October has been a disappointing month for Bitcoin, marking its fourth worst performance since 2013, as it ended down about 13% from its all-time high. This downturn is particularly surprising given the month’s reputation for strong gains, often dubbed 'Uptober.' Market strategist Joel Kruger from LMAX Group suggests that while this October fell short of expectations, historical trends indicate that Bitcoin could potentially rebound in the future. This news matters because it highlights the volatility of cryptocurrencies and the challenges investors face in predicting market movements.
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