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Red October ? Bitcoin Loses Its Momentum

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A solitary man wears a long dark coat, hands in his pockets. He looks straight ahead. A massive Bitcoin coin, partially sunken into the ground, dirty, cracked, weathered by time. The coin is tilted and dominates the central frame.

October often rhymes with "Uptober", the month where bitcoin ignites the markets with spectacular increases. However, this year, the scenario turns to disappointment. After a promising start, the queen of cryptos gets stuck in an unexpected bearish dynamic, reviving fears of a possible "red October". A first since 2018, which tests investors' confidence and questions the market's solidity in the face of an increasingly tense global economic context.

L’article Red October ? Bitcoin Loses Its Momentum est apparu en premier sur Cointribune.

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