Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher
Bitcoin ended October lower, breaking its six-year "Uptober" streak following a mid-month sell-off, though BNB and a few altcoins gained.Summary
Bitcoin experienced a "Red October" in 2025, closing the month lower and ending its six-year streak of gains for the month, known as "Uptober." This reversal was largely triggered by a sharp, mid-October sell-off on October 10th, when President Donald Trump threatened steep new tariffs on China, causing a broad risk-off move that saw Bitcoin drop from the low $120,000s toward $105,000. This event, amplified by thin liquidity and heavy leverage, led to massive liquidations. While major cryptocurrencies like Bitcoin and Ether traced a pattern of early highs followed by a mid-month flush and a weak recovery, BNB managed to finish the month up about 4.2%, breaking ranks with its peers. A few other altcoins, including ZEC, XMR, and WBTC, also posted gains. The failure of October 2025 to be green resets expectations for seasonality, reminding traders that historical tendencies are not guarantees.
(Source：CoinDesk)