Bitcoin's Price Rallied 28% in October as Crypto Rally Widened

Bitcoin gained roughly 28% in October. Its strongest showing since January as the crypto rally widened. Joining us now to discuss this coin desk indices. Head of research, Todd Groth, welcome back, Todd October. Indeed for Bitcoin historically, it's been a very seasonally positive month for for the crypto assets, Bitcoin up 28 Ethereum up eight broad CM I coin desk market index of about 21.

Um also positive that Bitcoin is decoupling from both equities and interest rates. I know earlier earlier this year when we saw interest rates rise be, oh no, that's going to be bad for Bitcoin or are the dollars rising? That's bad for Bitcoin. It seems like now we coupled from both equities and equity risk sentiment as well as interest rates. So that's a very positive development as well.

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