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Bitcoin (BTC) Negative and Positive Factors in September

Since the Bitcoin market surged on early reports of Bitcoin exchange-traded funds (ETFs) being approved by the U.S. Securities and Exchange Commission (SEC) in October 2024, the leading cryptocurrency has been moving in a steady range.

On October 14, the price of Bitcoin surged from $27,000 to a record high of around $74,000 on March 14, giving investors a 170% gain in just five months.