BEARISH 45 crypto.news 1H ago · 1 min read

Bitcoin heads for second straight losing October as US spot demand fades

AI summary

Bitcoin is heading for a second consecutive losing October, with CryptoQuant flagging weak US spot demand as the driver. The weakness persists even as spot ETFs pulled in $176 million ahead of the Federal Reserve's rate decision. A repeat 'Downtober' matters to traders because it signals soft domestic buying interest that can cap rallies even when ETF flows look supportive.

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1 linked story · 2 outlets · since 27 Oct

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Bitcoin heads for second straight losing October as US spot demand fades

crypto.news · Score 45
27 OCT · 05:59

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