By James Van Straten (All times ET unless indicated otherwise)
If Monday's trading performance in crypto and related equities is any indication of what October and the fourth quarter may bring, it could be a buoyant period for an industry still lagging behind both U.S. equities and metals.
Bitcoin (BTC) jumped 5% from Friday’s fear-driven session to a more neutral stance at $114,000 on Monday, showing how quickly sentiment as measured by the Crypto Fear and Greed Index can shift.
Still, the largest cryptocurrency gave up some of those gains and was recently trading around $112,800. It will probably need gold to relinquish some attention before its next move higher.
That might be a challenge, however. Gold continues to outperform, delivering nearly 50% year-to-date returns and climbing