In October 2024, Bitcoin showed growth of 10.76%, Ethereum was marked by a decline of 3.4%.
Historically, October is a positive month for the first cryptocurrency. Bitcoin has closed it in the green for the last six times, with the largest growth recorded in 2013 — 60.79%.
At the beginning of the month, the asset fell to the $59,000 mark, but by the end of October it had risen above $73,000. At the time of writing, it is trading near $69,200:
Ethereum, in turn, closed October in the red for the first time in six months. In 2023, the asset showed growth of 8.69% over this period.
At the beginning of the month, Ethereum was trading around $2,300, and subsequently the asset’s rate recovered to $2,700. At the time of writing, it is trading around $2,500:
ETH/USDT rate on Binance. Source: TradingView .