Bitcoin records its highest monthly close in October what’s next

Despite Bitcoin (BTC) fluctuating at the lows of $60,000 since reaching an all-time high on October 20, the largest cryptocurrency still held on to a record high in terms of monthly close.

Bitcoin reportedly ended October 31 at $61,343, which is the highest monthly close ever recorded. The previous high was seen seven months ago, when the price closed at $58,800, precisely on March 31, which represents a 4.3 percent increase when compared to the current record.