Bitcoin and altcoin market drop in October, but historical data suggests a bullish trend soon

From Investing.com

October 2, 2024 3:00:23 pm:

October brought disappointment to the crypto market, with Bitcoin losing 3.98% and altcoin market cap dropping by $41.67 billion. Geopolitical tensions and dashed expectations are to blame. Analyst Timothy Peterson suggests an “Uptober” after the 19th. Historical data shows a bullish trend in October, with Bitcoin historically gaining over 14%. New players entering make old strategies less effective.

Read more at Investing.com: When Does ‘Uptober’ Really Start? Bitcoin Price History Reveals All By U.Today