Bitcoin (BTC) Returns to Volatility in October

(BTC) is slightly more volatile in October, as the price performed a series of crashes and spikes. On Friday, BTC once again climbed to as high as $8,600, only to slide again toward 8,400.

The BTC volatility index picked up from its three-month lows, gaining from 2% to nearly 3%, as BTC once again showed capable of swinging by hundreds of dollars within minutes.

BTC briefly spiked to a peak at $8,714.95 as of 5:00 UTC on Friday, before erasing the gains over the next few hours. But the climb re-sparked hopes of further appreciation, with the possibility of reclaiming the $10,000 tier.

The fear and greed index hovers around 40 p…

This article appeared first on Cryptovest

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