Bitcoin News Update: Bitcoin’s 7-Year Uptober Run Breaks Amid Global Economic Concerns and Rising Trade Tensions
- Bitcoin fell 5.5% in October 2025, ending a seven-year "Uptober" streak amid macroeconomic uncertainty, ETF outflows, and U.S.-China trade tensions. - A $16M Satoshi-era wallet activation and Trump's 100% China tariff threat triggered a $19B crypto liquidation, pushing BTC to $104,000 mid-month. - Reduced tariffs (47%) and Fed rate cuts eased pressure, but BTC remains 13% below its October 6 all-time high of $126,198. - Analysts note Bitcoin's "structural maturity" with slower momentum, while November's
Bitcoin Closes October With Losses, Ending 7-Year "Uptober" Run
Bitcoin (BTC) finished October 2025 down by 5.5%, marking its first negative October since 2018 and breaking a seven-year streak of positive Octobers known as "Uptober," as reported by
Several factors contributed to the downturn. Bitget's COO, Vugar Usi Zade, pointed to over $550 million in ETF outflows for
The relationship between the U.S. and China was also a key factor. On October 10, President Donald Trump’s threat to impose 100% tariffs on Chinese goods triggered a record $19 billion liquidation in crypto markets, pushing Bitcoin down to $104,000 by October 17, according to
Trade tensions eased further when Trump announced a reduced 47% tariff on Chinese imports following his meeting with Xi, according to
Market experts are split on what November may bring. As per
The negative October also points to a maturing market. TeraHash analysts suggested that Bitcoin’s slower price increases may help cushion against sharp drops, echoing previous remarks. Meanwhile, institutional moves—such as JPMorgan’s plans to offer Bitcoin-backed loans—indicate ongoing long-term support, according to the Coinotag article.
As November progresses, traders will keep a close eye on the Federal Reserve’s policy direction, developments in U.S.-China trade, and ETF investment flows. For now, Bitcoin’s recent performance highlights its increasing sensitivity to global economic trends, reflecting its evolution into a mainstream financial asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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