Bitcoin News
By Maheen Hernandez
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Bitcoin Down 13% From Its All-Time High. Bitcoin entered October near record highs, briefly touching above $126,000 on October 6.
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Fortune: Worst October in Seven Years. The recent Fortune report highlighted that this year’s October decline was Bitcoin’s fourth-worst…
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Analysts Expect Recovery in Q4. Despite the weak October performance, analysts remain cautiously optimistic.
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Global Market Shocks and Liquidations. Beyond price movements, October was marked by several disruptive global events that affected…
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“A Reminder of Crypto’s Narrow Liquidity”. McCarthy emphasized how swiftly the market reacted to these events.
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Investor Caution Grows Amid Equity Concerns. Adding to the caution, several prominent financial leaders have warned about potential…
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Wintermute: Market Still “Processing” the Liquidation Impact. Jake Ostrovskis, head of trading at Wintermute’s over-the-counter desk, said that many traders…
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Bitcoin’s Long-Term Picture Still Intact. Despite short-term turbulence, Bitcoin’s long-term fundamentals remain strong.
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Bitcoin (BTC) closed October with one of its weakest performances in more than a decade, disappointing investors who had anticipated a strong “Uptober” rally.
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Despite the decline, analysts believe the downturn may be temporary, with historical data suggesting potential strength heading into the final quarter of 2025.
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Bitcoin entered October near record highs, briefly touching above $126,000 on October 6. However, by month’s end, prices slipped roughly 13% below that level, ending a month that…
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Even so, Bitcoin remains one of the year’s top-performing assets — still up over 55% year-to-date, reflecting overall resilience despite recent volatility.
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Joel Kruger, market strategist at LMAX Group, said that while October’s performance fell short of expectations, it should be viewed within a broader context.
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The recent Fortune report highlighted that this year’s October decline was Bitcoin’s fourth-worst October since 2013 and the most severe in the past seven years.
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Bitcoin’s slump also comes amid reduced risk appetite among investors, with macroeconomic uncertainties weighing on both crypto and equity markets.
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