After record September, Bitcoin dips back below $63k as bears test market strength

After record September, Bitcoin dips back below $63k as bears test market strength

From kitco.com

Bitcoin (BTC) just experienced its best September on record – but there’s little time to celebrate as bears look to spoil the ‘Uptober’ everyone is expecting and have dialed up the pressure on Tuesday morning, swatting BTC back below $63,000. “The cryptocurrency market starts the week on the defensive, losing 1.2% of its capitalization in 24 hours to $2.27 trillion, although it is still up 3% from a week ago,” said Alex Kuptsikevich, senior market analyst at FxPro. “This drawdown looks like short-term profit-taking from the recent wave of gains amid the risks of the upcoming jobs report and Powell’s ... (full story)

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