Will War Stop Uptober? Experts Weigh In

Rising tensions between Israel and its neighbors Iran and Lebanon, are dampening a historically bullish month for Bitcoin.

October is known as “Uptober” by investors thanks to its bullish price action in previous years. ETC Group reported that the 10th month of the year has an average monthly performance of 29%, only trailing November with 37% and April with 35%.

However, this year might be a bit different – especially as Bitcoin (BTC) falls 2% to $60,700 today and Ethereum (ETH) slumps 4% to $2,400.

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