Analysts doubt an October rally as crypto markets slide


Analysts doubt an October rally as crypto markets slide

On 22 September, bitcoin fell to $112,000, and 24-hour liquidations on the crypto market reached $1.7bn. Amid the correction, analysts are split on the prospect of a seasonal October rise in digital assets.

Since 2013, digital gold has closed October in the green in ten of twelve years, according to CoinGlass. Hence its unofficial moniker Uptober.

Over the past 24 hours,…

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