Why Bitcoin Price is Down Today? High-Impact Events Spark Market Uncertainty

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The post Why Bitcoin Price is Down Today?

After teasing a rally towards its all-time high earlier this week, the flagship coin closed October trading at around $70k, below the highest monthly close of about $71,297.

Meanwhile, the Open Interest (OI) has surged to $1.3 billion, at the strike price of $80k on the Deribit exchange.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Crypto news Price Analysis News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 06:43:17 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23361717

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 12 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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