Bitcoin ended October with a decline for the first time in seven years.
Date: 2025-11-03 Author: Henry Casey Categories: CRYPTO PAYMENTS
In October 2025, the leading cryptocurrencies Bitcoin and Ethereum recorded declines, declining by 3.7% and 7%, respectively, according to CoinGlass. This marked the first October since 2018 that Bitcoin closed the month in the red, thus breaking the upward trend known as "Uptober."
Only three other occasions have such declines been recorded in October: in 2014, 2018, and 2025. Experts attribute the decline to global economic and political events that impacted investor sentiment.
One of the key factors was the market's reaction to US President Donald Trump's statement on October 10-11, threatening to impose a 100% tariff on imports from China. This news triggered a sharp correction in Bitcoin, which was later partially offset by a price recovery. However, the rally was short-lived.
Fed Chairman Jerome Powell's speech later put additional pressure on the market. He stated that the US Federal Reserve would likely not cut interest rates in December, dampening investor expectations and triggering a new wave of selling. As a result, Bitcoin's price dropped again, before stabilizing in the final days of the month, moving sideways around $110,000 on Binance.
Ethereum was also affected by the same factors, ending the month lower. This marks its second consecutive negative result; the asset also showed negative dynamics in September. Ethereum has ended October with a loss four times in its history, with the largest decline recorded in 2016, at 16.83%.
According to CoinGlass, Ethereum failed to recover to the $4,500 level it held until its mid-month crash in October. Despite attempts to strengthen, the asset remained under pressure from macro uncertainty and subdued investor sentiment.
Thus, October 2025 marked a turning point for the crypto market, which ended the autumn month with a decline for the first time in several years. Analysts note that Bitcoin and Ethereum's performance in the coming weeks will depend on the US macroeconomic agenda and the Federal Reserve's decisions, as well as political signals from the Donald Trump administration.
