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Bitcoin, ether shake off first-half slump; what conditions for a fourth-quarter rally?

Bitcoin rose 42.71 percent in the third quarter, its highest third-quarter return in nine years, while ether gained 70.8 percent for its best third quarter on record. The broader altcoin market also rebounded as institutional money returned and policy expectations lifted sentiment. Spot bitcoin ETFs saw $6.49 billion of net inflows in the quarter, and spot ether ETFs also drew funds. Markets are watching the Oct. 27-28 FOMC meeting and whether bitcoin holds $80,000.