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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 de lectura

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

Key Signal

3.3% October Bitcoin decline

Entities

bitcoin

Market Impact

BTC-2.43%$79,305

Last Updated

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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

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  4. Oct 29Crypto Market Today, Oct. 29: Bitcoin Slides Below $80K as Big Tech Earnings Uncertainty and Market Volatility Intensify

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Originally reported by CryptoRank

NewsLayer coverage based on externally reported material.

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Market Context

Bitcoin

BTC

$79,377

-2.34% (24H)

Market Cap

$1.59T

24H Volume

$25.5B

24H High

$81,882

View Bitcoin Market Page

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