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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 lecture

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

Key Signal

3.3% October Bitcoin decline

Entities

bitcoin

Market Impact

BTC-0.29%$80,257

Last Updated

il y a un jour

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. Oct 29Bitcoin Reverses Gains as Tech Stocks Decline -- Update
  3. Oct 29Theoretical 30,000-qubit quantum machine threatens 6 million exposed bitcoin, researchers warn
  4. Oct 29BlackRock’s IBIT adds $276M in Bitcoin – Can BTC escape its downtrend?
  1. Oct 28Bitcoin Heads for Another October Loss as Demand Weakens
  2. Oct 29Bitcoin Reverses Gains as Tech Stocks Decline -- Update
  3. Oct 29Theoretical 30,000-qubit quantum machine threatens 6 million exposed bitcoin, researchers warn
  4. Oct 29BlackRock’s IBIT adds $276M in Bitcoin – Can BTC escape its downtrend?
#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

$80,280

-0.26% (24H)

$81,524$80,631$79,738
3 PM10 PM6 AM2 PM

Market Cap

$1.61T

24H Volume

$20.0B

24H High

$81,709

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

cryptoweb3

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