Bitcoin Heads into Historically Bullish October After Third-Best September On Record

Bitcoin closed September with a 5.16% gain, its third-best September on record since 2013, according to Coinglass data. The performance comes as traders turn their attention to October, which has historically been the asset’s strongest month. Since 2013, bitcoin has averaged 14.4% gains in October, with a median return of 10.8%. Out of 13 Octobers in that span, 10 ended in the green and only three closed lower. That track record makes October the most statistically favorable month for the asset, with gai ...