Despite all the optimistic Uptober predictions, it looks like 2025 will see Bitcoin end the month in the red. However, it is worth noting that on October 31st – a day that marks the 17th anniversary of the release of the Bitcoin Whitepaper – the digital asset saw an upward trajectory change, returning to $110,000 after earlier dips to $106,000 levels, signaling optimism for the coming month. Here's a quick look at October and some reasons to remain optimistic for the end of 2025 and beyond.
Bitcoin closes October 2025 in the red
At the time of writing, BTC is trading above $110,000 after previously falling to $106,000.
Bitcoin Price in USD Today Still, despite the optimism in the crypto industry throughout the month, BTC closes October in the red, down more than 3.5% for the month. It is the first year since 2018 that BTC closes October down; in 2018, the digital asset ended the month with a loss of over 3.8%. Since 2013, BTC has only ended October in the red in three years: 2025, 2018 and 2014, when it closed the month down nearly 13%. The biggest monthly increases for BTC were recorded in 2013 – over 60%, followed by almost 48% in 2016 and almost 40% in 2021, according to CoinGlass data.
BTC Monthly Returns – CoinGlass Data In 2024, BTC saw returns of over 10% in October, and in the same month of 2023, over 28%. In 2020, as the COVID-19 recession hit the US and the rest of the world, BTC ended October in the green with returns of over 27%.
Notable events of the month
As for Bitcoin and the crypto industry, this month has seen some important events: The US government shut down on October 1st, creating uncertainty about the future. Bitcoin hit a new all-time high above $126,000 on October 6. The crypto market saw its biggest crash in history, with more than $19 billion worth of liquidations between October 10 and 11. Binance founder CZ was pardoned by Trump on October 21. The massive liquidation event in the crypto markets has generated a high level of FUD in the industry, especially against Binance. Industry players blamed each other, trust in exchanges declined, and the apparent unity of the ecosystem was damaged. What was supposed to be a great month for crypto has turned into a «Red October», a period in which the industry has seen significant losses under attack from both the outside and the inside. Trump's pardon of one of the industry's biggest supporters, Changpeng Zhao, the founder of Binance — the world's largest crypto exchange — failed to bring bulls back into the market, although the event was extremely important for the entire ecosystem, marking the end of an era of crypto persecution. The good news for the industry continued, with the Fed's long-awaited interest rate cuts, Powell's announcement of future QE in December and improving trade relations between China and the US. However, none of these were enough to significantly boost the markets. However, all is not lost, and while some investors are considering giving up, the ecosystem should recognize the high potential that the future holds. BUY BITCOIN
Why to stay optimistic and not give up on Bitcoin and crypto
Bitcoin's return to the upward trajectory on October 31 reflects renewed optimism. This is an important day for bitcoiners and the entire crypto industry.
17th Anniversary of Bitcoin Whitepaper Release
On October 31, 2008, the anonymous creator of Bitcoin, Satoshi Nakamoto, published the white paper called «Bitcoin: A Peer-to-Peer Electronic Cash System» – a work that would change the world for the better, although few understood its usefulness at the time.
The Original Bitcoin Whitepaper Perhaps if the industry regains faith in what Bitcoin stands for and learns to «hodl» instead of panic selling or over-leveraging, the digital asset can continue its upward trajectory and we can all enjoy a well-deserved «Moonvember» with potential new all-time highs for BTC.
Moonvember – still possible
Since 2013, Bitcoin has seen gains in November in 8 years, the biggest being in 2013 – over 449%, followed by 2017 with over 53% and 2020 with almost 43%.
Bitcoin and crypto are winning
Bitcoin is the leader of a global revolution, and despite volatility and FUD, the industry will continue its path to innovation and a better world. In addition to historical data, there are other reasons to remain optimistic in November and beyond: Over $2.1 billion in crypto will be unlocked this month, including SUI, ASTER, PUMP, ENA, and others. Various crypto events such as conferences and summits are scheduled for November and beyond globally. More crypto ETFs are set to launch, signaling growing institutional interest. The AI revolution continues globally, with tech stocks rising. Bitcoin and crypto adoption continues worldwide. The Bitcoin and crypto industry has welcomed into its ranks major players from traditional finance, such as BlackRock and others. Governments will continue to print money, which means more capital flowing into the BTC and crypto ecosystem. The QT program ends in the US on December 1st, according to the Fed, allowing additional capital flows to BTC and crypto. The world is witnessing one of the largest transfers of wealth in history as a new financial architecture is being created. While the world's governments continue to print fiat money with no real value, major names and institutions have understood the unparalleled value of rarity, best represented by Bitcoin. Scarcity is the only sovereign wealth fund when governments print infinite amounts of money. This is the main reason why BlackRock holds over 779,000 BTC worth over $85.7 billion and Michael Saylor's Strategy holds 640,808 BTC worth over $70.4 billion. In terms of countries, the US holds 198,012 BTC worth over $21.7 billion and China holds 194,000 BTC worth over $21.3 billion.
Countries that hold BTC – Bitbo data Other countries like UK, Ukraine, Bhutan and El Salvador also hold BTC. Global adoption continues, institutional interest is growing, and innovation does not stop even during periods of volatility and FUD. Coupled with unlimited fiat money printing and rising global debt, all of this indicates that despite the lack of confidence of some, Bitcoin is still poised to win and take the entire crypto market to the moon. BUY BITCOIN