3 reasons why October will be a very volatile month for the criptomonedas

The market for the criptomonedas in itself is volatile, but October will be even more, since among other factors, a possible Fork of Bitcoin is latent.

September was a month of strong movements for the ecosystem of the criptomonedas, that moved in a wide range between 100,000 to 179,000 million dollars. By the end of the month all digital currencies are worth approximately 147 billion dollars.

In October there will be many events that will shake the criptomonedas, especially Bitcoin and Ethereum. Below are the 3 events that I consider most important for next month.

1- Fork of the Bitcoin the 25 of October

The market just finished being accommodated with the Fork that gave rise to Bitcoin Cash on August 1, which is already announced another for October 25. The new currency would be called Bitcoin Gold, and it is expected to be smaller than Bitcoin Cash.

Undoubtedly this will be the most important event of the month, which will have to be closely followed. From CriptoTendencia we will inform you of everything that happens around the possible Bitcoin Gold.

2 - Bifurcation of Ethereum on October 17

The original release date was October 9, unless complications occurred during the tests.

The delay arises from a suggestion made by Ethereum founder Vitalik Buterin, who advised leading developers that the platform should be conservative in relation to previous forks.

Now, it is expected that the bifurcation lasts Byzantium, which is the first stage of the Ethereum Metropolis update, to occur in block number 437,000,000, or approximately October 17, according to current block production metrics.

This event is not less, as we are talking about the second most important cryptononeda in the world, which serves as the basis for triggering new projects (ICOs).