Bitcoin Beats September's Curse: Is There Enough Demand for October?

Bitcoin (BTC) closed September with a 6.33% gain, breaking away from a month that has averaged losses since 2013. The buying that carried the rally, however, has thinned as October begins. Spot Bitcoin exchange-traded funds (ETFs) ended a 9-day inflow streak on Wednesday, while long-term holders stepped up their selling. Meanwhile, a large wall of