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Alex Thorn: Bitcoin returns driven by Asia trading hours in late October

Alex Thorn: Bitcoin returns driven by Asia trading hours in late October
Bitcoin returns led by Asia trading

In the second half of October, bitcoin returns have been influenced by trading during Asia hours, while Europe has exerted a dragging effect. This assessment was shared by Alex Thorn.

Thorn has previously observed that most bitcoin continues to be held in self-custody, even as institutional and centralized ownership grows, according to his analysis in recent market commentary. He has also commented on the technical side of bitcoin, reporting on the solution to a puzzle involving the network’s genesis block and a multisig setup using weak entropy in a separate article. These topics have formed part of his ongoing coverage of bitcoin market trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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