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Uptober Flopped as BTC Tanked 7%

October, traditionally known as 'Uptober' for positive Bitcoin (BTC) performance, saw Bitcoin decline by over 7.3% after a three-month upward trend. Key support levels were breached following disappointing inflation data and a significant hack at Binance, leading to a six-week low of $76,100. November's outlook remains uncertain, with historical volatility and upcoming events like the US mid-term elections potentially impacting Bitcoin's performance.

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