“Uptober”, the nickname for the traditionally bullish tenth month, has usually been associated with Bitcoin (BTC) rallies, but analysts are now paying attention to what comes after the flagship crypto’s moves. In particular, Andrei Grachev, Founding Partner at Falcon Finance, notes that while strong BTC performance in October has historically sparked capital rotation into altcoins and decentralized finance (DeFi) protocols, this year appears to be different, as the flow encompasses stablecoin yield products and tokenized real-world assets (RWAs) as well. “Uptober has always been framed around Bitcoin’s rally, but the real story is what happens after Bitcoin moves. Historically, when Bitcoin climbs in October, capital rotates into other parts of the market — altcoins, DeFi protocols, and now tokenized assets
source: https://finbold.com/stablecoins-and-rwas-follow-bitcoin-this-uptober/