CoinMeta data: October is referred to as “uptober” due to its historically excellent performance, marking the end of “Red September.” The price of Bitcoin at the beginning of October was $83,823, with a daily increase of 0.28%. September’s performance was near record levels, ending with a 6.33% gain. The average return for October was 19.92%, while the median was 14.71%. On September 16, the Federal Reserve raised interest rates by 25 basis points, with the current interest rate range being 3.75% to 4%. This rate hike was the first since July 2023, and the voting result was unanimous. As interest rates rise, investors may lean more towards safe assets such as government bonds. Bitcoin ETF attracted approximately $3.08 billion in capital inflows over nine consecutive days on September 29, but there was a net outflow of $148.69 million on September 30. The current market probability of Bitcoin reaching $85,000 in October is 90%.