The price of #bitcoin and #ethereum surged nearly 4% on Oct. 1

The price of Bitcoin and ethereum surged Nearly 4% in just a 15-minute window on October 1st sparking bullish predictions For the month the sudden movement left Most in the community scratching their Heads many commentators said the move Aligned with the arrival of October Which is crypto pilin for October Typically being a bullish month for the Price action of Bitcoin and other Cryptocurrencies according to data from Coid glass October has only produced Negative monthly returns twice since 2013 while those holding spot and long Positions may have celebrated the first Significant price action in over a month Short sellers had the opposite luck the Rapid uptic saw $70 million in short Positions liquidated in Just 2 hours According to data from coin glass nearly $36 Million worth of bitcoin shorts and $23 Million worth of ethereum shorts Were wrecked by the southern price moon For all the latest crypto news and Updates subscribe to the official coin Telegraph YouTube channel