Bitcoin enters October after three green months and September ETF inflows
Image: CoinGapeBitcoin entered October after three consecutive green months. September closed with a 6.33% gain. Bitcoin gained 44% over the third quarter and added $25,800. US spot Bitcoin ETFs drew $2.65 billion in net inflows in September and ended with $107.98 billion in combined net assets. BTC traded near $83,536 on October 1 and was down 0.80% over the past week.
Key points
- October has finished higher in 10 of the past 13 years for Bitcoin.
- Bitcoin is coming off a positive three-month stretch into October.
- The historical October record cannot determine this month's closing level.
Why it matters
Bitcoin's October performance matters because the reports tie recent gains to ETF inflows and historical seasonality. They also flag that seasonality alone cannot determine the month's close, leaving demand and macro conditions as key variables.
What's unclear
October's closing direction remains unknown despite Bitcoin's historical seasonal record.
Price context · BTC
At publication
$83,702.00
Now
$83,945.00
Change since
+0.29%
7 days · dashed line = publication
Sources · 2 publishers
CoinGape
Tier 2
Bitcoin Price Prediction for This Month: Uptober or Downtober
Coverage timeline
- First reported by CryptoPotato
- Confirmed by CoinGape
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
