Read

<div class="cryptonews">
 <p class="is-style-lead">According to an Oct. 30 post on X from CoinGecko, crypto performance has reported positive growth in 8 of the past 10 Octobers.</p>
 <p>In October 2023, the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market has since been reported to be up 18.1 percent, as compared to October 2022, which reported 7.3 percent growth.&nbsp;</p>
 <h2 class="wp-block-heading" id="10-years-in-the-making">10 years in the making</h2>
 <p>In 2023,&nbsp;CoinGecko data&nbsp;shows that the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market has once again experienced the Uptober effect, with a 58.9 percent year-to-date (YTD) surge.&nbsp;</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">So, is #Uptober real?<br><br>Our recent study shows that in 8 of the past 10 years, the global <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market rallied in October compared to the previous month. <br><br>Read the full study: https://t.co/a1ouZh70Yw pic.twitter.com/2d6MC3NpIn</p>— CoinGecko (@coingecko) October 30, 2023
   </blockquote>
  </div>
 </figure>
 <p>This would make October the fifth consecutive year of the “Uptober phenomenon”, and this year’s rally propelled the total <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market capitalization to exceed $1.3 trillion, a milestone last seen since the middle of April.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> CoinGecko reports top CEXs, Kucoin falls out of top 10
 </div>
 <p>The report goes on to conclude the crypto market generally experiences a positive effect, a conclusion reached by looking at 10 years of data, all of which is often based on a strong Bitcoin price.</p>
 <h2 class="wp-block-heading" id="riding-etf-optimism">Riding ETF optimism&nbsp;</h2>
 <p>On Oct. 23, Bitcoin crossed a major barrier,&nbsp;hitting $35,000, in a high that had not been seen since May 2022.</p>
 <figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
  <div class="wp-block-embed__wrapper">
   <div class="rll-youtube-player" data-src="https://www.youtube.com/embed/oKW0Fi30CM4" data-id="oKW0Fi30CM4" data-query="feature=oembed"></div>
   <noscript><iframe title="What Court Ruling on Spot Bitcoin ETF Means for Crypto" width="1020" height="574" src="https://www.youtube.com/embed/oKW0Fi30CM4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
   </noscript>
  </div>
 </figure>
 <p>The bullish momentum for this month was said to be fueled by the anticipation of a spot Bitcoin ETF approval, with key players like Grayscale and Blackrock putting their applications in and adding to the <a rel="noopener noreferrer nofollow" title="positive" href="https://thebittimes.com/tag/positive.html">positive</a> market sentiment noted this month.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> MetaMask is the most popular hot wallet, CoinGecko data suggests
 </div>
 <p></p>
 <p></p> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/coingecko-finds-october-consistently-positive-for-crypto-tbt68374.html">https://thebittimes.com/coingecko-finds-october-consistently-positive-for-crypto-tbt68374.html</a></p>

CoinGecko finds October consistently positive for crypto

목차

TheBitTimes

2023년 10월 30일에 게재된 다른 기사

NBX 2023 Berlin: The Forefront of Web3 Innovation in Europe Returns (30 Oct)

Kasikornbank (KBank) Acquires Majority Stake in Thai Crypto Exchange Satang Pro for $103 Million

IOTA 2.0 | Finality Explained: How Nodes Sync the Ledger

UK Requires Crypto Companies to Obtain Authorization from the Financial Conduct Authority!

How to Capitalize on the Next Bitcoin Bull Cycle, According to Pro BTC Trader

Investor Confidence Soars, Fuelling Rally in Solana and XRP Prices

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!