Investors in Bitcoin (BTC) are looking forward to October and the final three months of the year, with the fourth quarter traditionally the strongest for cryptocurrencies.
October is often referred to as ‘Uptober’ by crypto investors owing to the strong performance of Bitcoin and other digital assets during the month.
BTC is off to a decent start to the new month and quarter, with its price having risen 2% on Oct. 1 to trade at $116,600 U.S.
True to form, Bitcoin and other cryptocurrencies languished during September, which is usually the worst month of the year for digital assets.
After hitting an all-time high of just over $124,000 U.S. in August, Bitcoin fell below $110,000 U.S. in September and hovered around $112,000 U.S. for most of the month.
Many investors refer to the previous month as “Red September” due to its reputation as the worst month of the year for crypto.
Investors are now looking forward to the final months of 2025 as the year’s fourth quarter is usually the best one for the performance of crypto such as Bitcoin and Ethereum (ETH).
Digital assets are expected to get a boost in coming months as markets bet on two additional interest rate cuts from the U.S. Federal Reserve between now and the end of the year.
Bitcoin is up 25% on the year, outpacing U.S. equity markets.
