Bitcoin Ends Seven-Year Uptober Winning Streak With October 2025 Decline

October 2025 marked a rare downturn for Bitcoin and the broader cryptocurrency market, breaking the long-standing trend known as 'Uptober,' during which the digital asset typically posts strong gains. Bitcoin ended the month down around 4-10%, its first negative October in seven years, while Ethereum and many altcoins also suffered steep losses amid a market-wide selloff. This slump was triggered by a combination of macroeconomic uncertainties, including cautious Federal Reserve monetary policy signaling limited rate cuts, a U.S. government shutdown, and escalating trade tensions driven by President Trump’s tariff threats against China. Notably, Bitcoin briefly hit an all-time high above $126,000 early in the month but faced a dramatic liquidation event wiping out over $19 billion in traders' positions, which accelerated the downturn. Despite the setbacks, bullish factors such as upcoming ETF approvals, continued stablecoin market growth, and active developments on chains like BNB and Solana remain, suggesting the market is in a reset phase rather than a collapse. Investors remain watchful, with some optimistic that November may bring renewed momentum, while others caution that the negative October might precede further declines.