The post September’s Bitcoin Slump: 7% Drop Already Seen—Will October Bring a Rebound? appeared first on Coinpedia Fintech News
September has proven to be Bitcoin’s toughest month, with prices have fallen nine times from 2013 to 2024. This month is the only one where Bitcoin has shown a negative average performance, while August barely stays positive with a 1.8% average gain. In 2024, Bitcoin is down nearly 7% since September began, now hovering just over $55,230. But there’s a glimmer of hope, as October has historically been much kinder to Bitcoin, often showing positive trends.