‘Uptober’ rally questioned as crypto markets turn red 9 days out

CointelegraphMonday, September 22, 2025 at 5:39:54 AM
‘Uptober’ rally questioned as crypto markets turn red 9 days out
Despite the excitement surrounding the potential 'Uptober' rally, Bitcoin has recently fallen to its lowest point in 12 days, raising concerns among analysts about the future of the crypto markets. This downturn comes just nine days before October, a month that many had anticipated would bring positive momentum for cryptocurrencies. The uncertainty surrounding this rally is significant as it reflects broader market sentiments and could influence investor confidence moving forward.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Federal Prosecutors Win Conviction of Mining Founder in Multimillion-Dollar Crypto Fraud
PositiveCryptocurrency
Federal prosecutors have secured a conviction against the founder of a cryptocurrency mining operation for his involvement in a multimillion-dollar fraud scheme. The U.S. Attorney’s Office in Texas announced the verdict, highlighting the case's significance in combating financial crimes within the cryptocurrency sector.
Bitcoin for America Act: US Lawmaker Seeks BTC Tax Option With 20-Year Treasury Rules
PositiveCryptocurrency
The Bitcoin for America Act has been introduced by a US lawmaker, proposing a tax option for Bitcoin that aligns with 20-year Treasury rules. This initiative aims to provide a structured framework for Bitcoin taxation, potentially enhancing its legitimacy and integration into the financial system. The act reflects a growing recognition of cryptocurrency's role in the economy.
Fundstrat’s Tom Lee Says October Liquidation Event Still Haunts Crypto Markets
NegativeCryptocurrency
Tom Lee of Fundstrat has stated that the October liquidation event continues to negatively impact the cryptocurrency markets. This event, which involved significant forced liquidations, has left a lingering effect on market sentiment and investor confidence. The volatility and uncertainty in the crypto space remain a concern for traders and analysts alike.
Bitcoin Sell-Off Led by Mid-Cycle Wallets While Long-Term Whales Hold Firm: VanEck
NeutralCryptocurrency
VanEck reports that the recent downturn in Bitcoin prices is primarily driven by mid-cycle wallets, while long-term holders, known as whales, continue to accumulate. The analysis indicates that the market is experiencing washed-out conditions, with futures data reflecting this trend.
Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin America
PositiveCryptocurrency
Ripio, a cryptocurrency exchange, has announced the establishment of a $100 million crypto treasury, making it the second largest in Latin America. The treasury includes holdings in bitcoin and ether, which have been managed through trading and hedging strategies since 2017.
Solana ETFs Post Second-Biggest November Inflows as Demand Grows During Downturn
PositiveCryptocurrency
Spot SOL exchange-traded funds (ETFs) have continued their inflow streak since launching on October 28, marking the second-largest inflows for November. In contrast, Bitcoin and Ether ETFs have faced significant outflows, totaling hundreds of millions of dollars during the same period.
SEC Drives Bitwise Crypto ETF Forward With XRP and Solana Standing Firm
PositiveCryptocurrency
The SEC is advancing Bitwise's cryptocurrency ETF proposal, which includes XRP and Solana as key components. This move reflects a growing acceptance of cryptocurrencies in traditional finance, as the SEC's approval could pave the way for more institutional investment in these digital assets. The positive sentiment surrounding XRP and Solana indicates their resilience in a fluctuating market.
New Hampshire Awaits Bitcoin Bond Buyer to Get First State Effort Rolling
PositiveCryptocurrency
The New Hampshire Business Finance Authority has initiated steps towards a potential $100 million private-sector bitcoin bond. This marks the state's first effort to integrate cryptocurrency into municipal financing, potentially reshaping funding strategies.