Seven of nine years: what Uptober actually delivered for Bitcoin, Ethereum, Solana and XRP

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 closed seven of nine Octobers in the black, but only five of nine across the full fourth quarter. At XRP it was three of nine, with a negative median. The nine-year arithmetic for four coins.With October 1 the same word comes back every year: Uptober, the claim that October is the reliably strong month in the crypto market and the fourth quarter the strong season. We ran the numbers for the four largest tradable coins over nine years, in each case from the September 30 close to the December 31 close, and additionally for October on its own. The result splits in two. For Bitcoin the claim does hold up in October, with seven of nine years in the black. For the full quarter it barely holds, and for XRP it does not hold at all. This calculation is not a forecast. What has been counted is how often something happened in the past and, above all, how far the individual years lie apart. Base a decision on a season and you are basing it on an average that never arrived in any sin...