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TronWeekly

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Bitcoin’s Best Month Ahead? Options Trading Activity Climbs as October Starts

  • Bitcoin options trading activity is increasing as October begins, historically being BTC's most profitable month.
  • Investors are adopting a risk-on mentality, driven by U.S. Federal Reserve rate cuts and speculation of Bitcoin surpassing $100,000 by December.
  • Bitcoin spot trading volumes doubled in September to $10 billion, but remain below the highs of September 2022.
  • Altcoins are outperforming Bitcoin and Ethereum, with increased interest and maintained prices across various cryptocurrencies.

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