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#CZ's release from prison and the start of "Uptober"#
Many on Crypto X expect this to be a major driver of growth for Bitcoin and other cryptocurrencies. Besides, users are reminding the cryptocurrency community that this will be the beginning of “Uptober.” Traditionally, as noted by many crypto traders, October and November are bullish months, followed by the “Santa Claus rally” in December. Over the past 10 years, the Bitcoin price showed a considerable increase at this time of the year.
Besides, #Bitcoin and the stock market already began accelerating last week when, on Wednesday, the Federal Reserve announced an increase in the interest rate by 50 basis points.