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Bitcoin’s price dipped further on Monday, sliding 2% over a 24-hour period to trade at a little over $82,423.
The coin over the past week has dropped by 3%, and so far this month, it’s trading down.
October is usually a strong month for the OG cryptocurrency. Data from Coinglass shows that it has finished eight of the last 10 Octobers in the green.
Last year was one of the exceptions: while bitcoin’s price notched an all-time high of $126,080, it then started to enter a bear market after October 10 — when the biggest crypto liquidation event in history battered the asset’s price.
Markets across the board got hit hard following tariff threats from U.S….
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