Bitfinex reports that Bitcoin has had a strong start, and the macro environment suggests that the crypto market may have passed the correction phase

ChainCatcher message, Bitfinex Alpha report indicates that Bitcoin started strong in October, reaching an all-time high, with an average historical increase of about 21%. One of the main factors behind Bitcoin's recent rise is the easing of selling pressure, as whale sell-offs have significantly slowed down. Additionally, the macro environment is also improving, such as a dovish Federal Reserve, easing inflation, and a reflow of ETF funds, all of which suggest that the correction phase of the crypto market may be over.