Bitcoin risks worst October in 12 years as tech sell-off spreads to gold

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Bitcoin fell 1.1% on the day after reaching its lowest level since September 18, before ending the month around $77,000. Its 7.7% decline represents its worst monthly performance since 2014. The tech sell-off weighed on equity markets, with the Nasdaq Composite down 2.5% and Intel shares plunging nearly 30% at Friday’s open. The contagion spread to gold, which traded as low as $3,891 per ounce. Binance also said it would cover the $6.3 billion hack with its own capital, adding to concerns weighing on crypto markets.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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