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Bitcoin Ends “Uptober” Streak with First October Loss Since 2018

Bitcoin Ends “Uptober” Streak with First October Loss Since 2018

Bitcoin has suffered its first monthly decline in October since 2018, snapping a seven-year run of gains. 

The flagship cryptocurrency fell nearly 5% during October, weighed down by broader market jitters and a dip in risk-appetite. 

Earlier in the month Bitcoin surged past $126,000 but hit a low of $104,783 around October 10-11 after massive liquidations triggered by trade-war concerns. 

Analysts say the reversal highlights how closely crypto markets now track macro forces like U.S. rate policy and global trade tensions. 

Despite the pull-back, Bitcoin still remains up over 16% for the year — suggesting the correction may be just a hiccup rather than the end of its momentum. 

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