Jamie Crawley is a CoinDesk news reporter based in London.
CoinDesk 20 Index: 2,004 −3.5% Bitcoin : $62,471 −2.4% Ether : $2,632 −4.1% S&P 500: 5,616.84 −0.3% Gold: $2,547 +1.2% Nikkei 225: 38,288.62 +0.47%BTC has dropped over 2.4% in the last 24 hours to trade just below $62,500, while the broader market has fallen 2.15%. QCP Capital, a Singapore-based trading desk, noted an increase in call spread buying while noting the selling of bitcoin calls at the $100,000 level.
Conversely, bitcoin's best calendar months have been October and November, with average returns of nearly 23% and 45% respectively.
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