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Bitcoin closed September 2026 with a 7% gain, yet significantly trailed several smaller cryptocurrencies that posted triple-digit returns.
While the S&P 500 index remained largely flat and gold fell by more than 6%, the divergence within the crypto market highlighted a sharp rotation toward altcoins.
NEAR surged 186.6% and Arbitrum climbed 137.1% during the month, outpacing Bitcoin's more modest performance, which closed at $83,995 on September 30.
Santiment attributed the initial market turnaround to an August inflation report that came in lower than expected.
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