Bitcoin Set for Best September Since 2013, Eyes Bullish October
Bitcoin (BTC) is set to end September with a 9% gain, marking its best performance for the month since 2013. Historically, September has been Bitcoinâs worst month, often closing in the red, but this year breaks the trend. October is typically a strong month for Bitcoin, with past gains of up to 60%.
Several factors are driving this rally: global monetary easing, a weakening yen, and rising institutional investments. Favorable U.S. political sentiment toward crypto ahead of the November elections also boosts confidence. Experts believe Bitcoin's upward momentum will continue into the final quarter of 2024.
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