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2024-10-04 06:52:01
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Summary of Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls

Summary of Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls


The source article:
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls


Most gains come in the latter part of the month.

https://www.coindesk.com/markets/2024/10/04/bitcoins-poor-start-to-bullish-october-continues-but-there-may-be-cheer-ahead-for-bulls/?utm_medium=referral&utm_source=rss&utm_campaign=headlines


Bitcoin's poor start to its historically most bullish month since 2013 continued as the asset briefly slid under $60,000 late Thursday, before recovering, causing over $144 million in bullish crypto bets liquidated. Rising oil prices due to Middle East tensions shift investor focus towards commodities like oil and gold, impacting risk asset sentiment, including Bitcoin.
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