Bitcoin ended its historic September with a decline, suggesting a potential breakout could be on hold until after the U.S. election

October typically sees strong performance for crypto assets, but according to Wintermute, options traders are predicting potential declines in the weeks ahead, with a potential upturn anticipated after the U.S. elections. In the past 24 hours, Bitcoin fell by 3.7%, while major altcoins like XRP, ADA, DOT, and LINK experienced declines exceeding 5%. SOL and ETH, however, showed more resilience during this market downturn. Despite these fluctuations, Bitcoin is poised to finish September with a nearly 7% gain, its best monthly performance since 2013. Charlie Morris of ByteTree has raised concerns about whether the widespread expectation of a strong October could disrupt the usual market patterns.