Bitcoin’s October price rise suggests near-term crypto bull run amid regulation

Bitcoin and other cryptocurrencies are shooting up the charts this week, continuing their break-away pattern from the stock market over the last month. While bitcoin’s (BTC-USD) volatile behavior still baffles plenty of investors, it’s increasingly the safest bet as regulators worldwide signal a tightening over the crypto sector.

While the overall crypto market at times moves in lockstep with other risk-on assets, since October the asset class is showing some divergence. The S&P 500 (^GSPC)…


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