September was another rough month for the global stock markets as the ongoing correction produced big losses and high volatility. Bitcoin remained range-bound throughout September moving between roughly $225-$240. Bitcoin's stable price movements made it a better investment than many major global indices.
Inside the October itBit Bitcoin Market Report
Impact of Emerging Markets and Outflows from China - Analysis of how weakness in emerging market countries and continued capital outflows from China may affect bitcoin.
September Market Recap - Breakdown of key events that moved the price of bitcoin last month.
October Outlook - Three things bitcoin traders should keep an eye on this month.
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Bitcoin trading involves a high degree of risk. The bitcoin market is new and unproven and may
not grow. Currently, there is relatively small use of bitcoin in the retail and commercial
marketplace in comparison to relatively large use by speculators, thus contributing to
price volatility that could adversely affect an investment in bitcoin. In order to
participate in the trading of bitcoin, you should be capable of evaluating the
merits and risks of the investment and be able to bear the economic risk of
losing your entire investment. No material at this site should be considered
as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin.