Bitcoin

<h2 id="quick-take">Quick Take</h2> 
<p>Bucking a precedent that dates back to 2016, Bitcoin ended September on a positive note, marking an approximately 4% increase. Historically, September has been a challenging month for Bitcoin, renowned for its adverse market conditions. However, this shift in trend rekindles interest and presents a fresh perspective on the cryptocurrency’s performance. This turnaround of fortunes also marks the first positive finish for Bitcoin since June.</p> 
<p>Yet, while the September results are promising, Q3 as a whole paints a different picture, with an 11.5% decrease in Bitcoin’s performance. Moving into Q4, Bitcoin’s track record is typically upbeat, but a plethora of macroeconomic factors looming on the horizon injects a significant degree of uncertainty into the equation. As a result, investors and market analysts alike are set to face a period demanding heightened vigilance and strategic decision-making.</p> 
<figure id="attachment_361438" aria-describedby="caption-attachment-361438" style="width: 100%" class="wp-caption aligncenter"> 
 <img class="wp-image-361438 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/09/return.png" alt="BTC monthly returns: (Source: Coinglass)" width="1615" height="734" srcset="https://cryptoslate.com/wp-content/uploads/2023/09/return.png 1615w, https://cryptoslate.com/wp-content/uploads/2023/09/return-300x136.png 300w, https://cryptoslate.com/wp-content/uploads/2023/09/return-1024x465.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/09/return-768x349.png 768w, https://cryptoslate.com/wp-content/uploads/2023/09/return-1536x698.png 1536w" sizes="(max-width: 1615px) 100vw, 1615px"> 
 <figcaption id="caption-attachment-361438" class="wp-caption-text">
   BTC monthly returns: (Source: Coinglass) 
 </figcaption> 
</figure> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptoslate.com/insights/bitcoin-breaks-september-curse-closing-the-month-on-a-high-note/">Bitcoin breaks September curse, closing the month on a high note</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

Bitcoin breaks September curse, closing the month on a high note

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