🚨 **Crypto Market Update: Bitcoin Dips Below $60K, Liquidations Hit $144M** 🚨

Bitcoin briefly dipped below $60,000, causing over $144 million in bullish positions to be liquidated. Despite October historically being a strong month for BTC, social sentiment on platforms like X is showing bearish views on its price recovery.

- **BTC Update**: Currently trading around $61,300, flat over the past 24 hours.

- **Other Cryptos**: ETH, BNB, and XRP saw losses up to 2%, while DOGE gained 2%.

- **Market Index**: The CoinDesk 20 index is down 1%.

**Macro Factors**: Rising oil prices due to Middle East tensions are shifting investor focus towards commodities like oil and gold, impacting risk assets including Bitcoin.

**Polymarket Insights**: Bettors are mixed on BTC’s October performance, leaning towards a range-bound movement between $57.5K and $65K.

What are your thoughts on Bitcoin's price action this month? Drop your comments below! 💬