Bitcoin price $80,159: the smallest October loss in the field

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The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin is quoted at $80,159 on Thursday morning. October closes on Saturday, and of all the large coins Bitcoin has lost the least: 4.1 percent against 19.2 percent for Cardano. What that spread does to your portfolio and why the one-year rule now counts.Here is what is documented: Bitcoin stands at $80,159 on Thursday morning, and October ends on Saturday. Of the seven largest tradable coins, Bitcoin has lost the least this month, namely 4.1 percent. Cardano gave up 19.2 percent over the same period, 4.7 times as much. Our assessment is at the end of this article: this spread shifts the weights in a mixed portfolio more than most investors notice, and before the turn of the year it becomes a tax question. October ends on Saturday, and Bitcoin is 4.1 percent short On 1 October a Bitcoin cost $83,576. On Thursday morning it is $80,159. Between the two lie $3,417, or 4.1 percent. The month has two trading days left, Friday and Saturday, after which the balance is fixed. Taken on ...

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