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Bitcoin Heads for Another October Loss as Demand Weakens

Bitcoin (BTC) is on track for its second consecutive losing October, down 3.3% as of October 28. According to a recent CryptoQuant report, BTC traded near $81,350, down from its September closing price of $83,570.

CryptoRank

Publisher

Oct 28, 2026 at 11:14 AM UTC · 1 Min. Lesezeit

Bitcoin Heads for Another October Loss as Demand Weakens
Image via CryptoRank

Key Signal

3.3% October Bitcoin decline

Entities

bitcoin

Market Impact

BTC-1.10%$76,840

Last Updated

vor 5 Tagen

Bitcoin (BTC) is on track for its second consecutive losing October, down 3.3% as of October 28. According to a recent CryptoQuant report, BTC traded near $81,350, down from its September closing price of $83,570.

Historically, that’s a sharp change from October’s usual strength, as Bitcoin ended every October from 2020 to 2024 in positive territory. Average gains during that period were about 18%. October 2025 broke that run with a 3.8% loss, and this year looks set to extend the losing streak.

Follow the Story

  1. Oct 28Bitcoin Heads for Another October Loss as Demand Weakens
  2. Nov 2Mercado Bitcoin Halts Withdrawals After Security Incident as Hypernative Flags $40M Outflows
  3. Nov 2Bitcoin price analysis: BTC traders hopeful for post-election gains
  4. Nov 2Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
  1. Oct 28Bitcoin Heads for Another October Loss as Demand Weakens
  2. Nov 2Mercado Bitcoin Halts Withdrawals After Security Incident as Hypernative Flags $40M Outflows
  3. Nov 2Bitcoin price analysis: BTC traders hopeful for post-election gains
  4. Nov 2Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
#bitcoin#crypto#web3

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Originally reported by CryptoRank

NewsLayer coverage based on externally reported material.

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Market Context

₿

Bitcoin

BTC

$76,886

-1.04% (24H)

$78,515$77,701$76,886
8 PM3 AM11 AM7 PM

Market Cap

$1.55T

24H Volume

$14.7B

24H High

$78,740

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

cryptoweb3

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