Bitcoin and Ethereum End October in the Red for the First Time Since 2018

Bitcoin Breaks Its Seven-Year “Uptober” Tradition October 2025 turned out to be a negative month for both Bitcoin and ￰0￱ to CoinGlass, Bitcoin closed the month down 3.7%, while Ethereum fell 7%. For the first time since 2018, Bitcoin’s famous “Uptober” trend came to an end, breaking a seven-year streak of positive October ￰1￱ Bitcoin’s history, there have now been only three “red” Octobers — 2014, 2018, and ￰2￱ October, Bitcoin faced several sharp downturns triggered by macroeconomic ￰3￱ October 10–11, the asset slumped after ￰4￱ Donald Trump threatened 100% tariffs on Chinese ￰5￱ a short recovery, Bitcoin fell again after a hawkish speech by Federal Reserve Chairman Jerome Powell, who signaled that interest rate cuts might not come in December ￰6￱ October 30–31, the market had stabilized, and Bitcoin traded ￰7￱ Struggles to Recover For Ethereum, October marked the second consecutive month of decline.

Overall, Ethereum has ended October in the red four times, with its largest drop — 16.83% — recorded in 2016. Ethereum’s performance mirrored Bitcoin’s, with the same macroeconomic pressures weighing on its ￰8￱ coin has yet to reclaim the $4,500 level it traded near before the October 10–11 ￰9￱ Tensions Keep Crypto Under Pressure The October downturn for both Bitcoin and Ethereum reflects renewed uncertainty in global ￰10￱ point to a mix of trade tensions, strong ￰11￱ performance, and cautious investor sentiment as key ￰12￱ Treasury yields and expectations of a longer high-rate environment have also limited inflows into risk assets like ￰13￱ the short-term pullback, several traders suggest accumulation zones may emerge if Bitcoin stabilizes above $66,000, setting up potential recovery momentum heading into Q4 2025.