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Bitcoin Kicks Off Uptober at $86,000

Original: Bitcoin Kicks Off Uptober at $86,000: What Is Driving the Market

Bitcoin started October trading around $86,000 as analysts weigh what is driving the market at the beginning of the month traders call 'Uptober', a period that has historically brought gains to the leading cryptocurrency. Coverage points to questions over whether momentum, institutional demand or macroeconomic factors are behind the price level as the month opens.

Why now: Bitcoin's price at the start of a month historically associated with gains is drawing attention from crypto traders and analysts.

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