Bitcoin Faces Another Red October as Price Drops 4.2%
Bitcoin’s reputation for strong October rallies is facing another test. After five consecutive years of gains during the month, the cryptocurrency is now on track for its second negative October in a row. Data from CryptoQuant shows Bitcoin falling 4.2% between September 30 and October 25, with its price slipping from $83,567 to $80,051. That’s […]
Key Takeaways
- Bitcoin’s reputation for strong October rallies is facing another test.
- After five consecutive years of gains during the month, the cryptocurrency is now on track for its second negative October in a row.
- Data from CryptoQuant shows Bitcoin falling 4.2% between September 30 and October 25, with its price slipping from $83,567 to $80,051.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Ethereum client security fixes leave binary users with a separate Java check
Teku and Besu Docker releases fix certificate trust, while binary users need to check their separately installed Java runtime. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Bitcoin Titan Strategy Set to Pay Daily Dividends on STRC After Shareholder Vote
Michael Saylor’s bitcoin treasury giant Strategy has secured shareholder approval to implement daily dividends across four preferred stock offerings, clearing a major hurdle ahead of the planned November launch for STRC shares. Strategy Set for Daily…
Euronext Halts CoinShares Zcash ETP on Debut Day
TLDR Euronext suspended the CoinShares Zcash ETP (ZCSH) on Euronext Paris on the day it was meant to start trading. The exchange operator cited operational settlement requirements. The suspension stays in place until the Central Securities Depository (CSD)…