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.