Bitcoin’s ‘Uptober’ Goes Bust With Worst October Finish Since 2014
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Bitcoin's "Uptober" streak ended with its worst October performance since 2014, closing the month down 7.32% against the U.S. dollar. Over the final week, BTC traded in a range of $76,337 to $81,840 as markets digested a $6.3 billion hack at Binance, one of the largest exchange security failures on record. The selloff underscores how the security incident overshadowed a seasonally bullish period that traders have historically relied on for gains. The article also notes the decline marked bitcoin's first something—likely its first negative October since 2014 or first October loss in over a decade. Investors will be watching whether BTC holds the $76,000 support zone and how Binance handles fund recovery and withdrawals in the coming sessions.
Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.
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Bitcoin (BTC), Binance
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