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Bitcoin Drops Below $28K on Profit Taking; DOGE, TRX Lead Altcoin Slump

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“October is also typically a good month for the cryptocurrency market. Indeed, it is dubbed “uptober” by market insiders,” shared Lucas Kiely, chief investment officer of Yield App, in a message to CoinDesk. “Only twice since 2013 has bitcoin closed at a loss in October, and hopefully, this year will see a continuation of that trend.”

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