Digital Currency
Add as a preferred source on GoogleCoinGecko’s UTC historical data put the $83,576 benchmark at the Sept. 30 close; a mid-October reading showed a 3.2% decline.
Bitcoin (BTC) finished the Oct. 28 UTC session at $81,274. Compared with the $83,576 Oct. 1 benchmark, that leaves it down 2.8% for the month.
CoinGecko’s UTC historical data list $83,576 as Bitcoin’s Sept. 30 close, which served as the October benchmark. EconoTimes’ earlier report on Bitcoin’s October price decline and spot ETF flows also recorded an Oct. 19 close of $81,875.
A mid-October Bitcoin reading showed a 3.2% decline, compared with the 2.8% loss at the Oct. 28 close.
The model also assumes annualized growth of 34.3%, average volatility of 27.8% and a 0.43 correlation with U.S. stocks.
CoinGecko and exchange spot data put Bitcoin at $81,262 at 7:30 p.m. ET Wednesday (23:30 UTC), up 0.51% over 24 hours. The U.S. midterm vote is set for Tuesday, Nov. 3.
The count reflects distinct addresses, not individual users; multiple addresses, bots and airdrop activity can influence the reading.
