Bitcoin price today: Rebounds after a brief dip, what's next in 'Uptober'?

Bitcoin price today: Rebounds after a brief dip, what's next in 'Uptober'?

Investing.com – has rebounded after briefly dipping below the $63,000 mark earlier this week. Now sitting at $63,950, the leading cryptocurrency closed September with a 7.3% gain, marking its best performance ever for this month. 

“The past few days have been a hot pot of coinciding events that simultaneously reignited optimism in global markets, with crypto at the forefront. Bitcoin is once again experiencing the pull of FOMO (Fear of Missing Out), suggesting the market is primed for further gains,” Kristian Haralampiev, Structured Products Lead at Nexo, told Investing.com.

“However, this bullish outlook is tempered by warnings such as peaking social sentiment, signaling potential hurdles ahead before even more bullish times arise.”

The broader cryptocurrency markets took a hit on Monday, with Bitcoin falling by 3.7%, while other coins like and saw smaller losses of 2.8% and 1.9%, respectively. Several altcoins,…
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