Bitcoin slides 8% in October, nearing $76K

The world's largest crypto is on track for a second straight negative October, defying one of its most reliable seasonal patterns Bitcoin is down 8.4% so far this month. That puts it on track for its second consecutive negative October. As of late October 2026, Bitcoin is trading in a band between $76,000 and $77,000. The decline for the month now sits at more than 8%, and the price is drifting toward the $76,000 mark. How October went sideways Earlier in October, Bitcoin rallied and peaked somewhere between $80,000 and $84,000. That rally didn’t last. The price then fell sharply, hitting intraday lows around $76,500 as volatility picked up across the market. Zoom out a bit and the drop looks steeper. Bitcoin’s 30-day high reached the mid-$86,000s before the slide began. The current monthly loss of approximately 8.4% follows a roughly 3.9% decline in October 2025. Stack those together and you get back-to-back losing Octobers, assuming the month closes in the red. The month that usually delivers Since 2013, Bitcoin has posted positive October returns in 10 out of the last 13 years. The average gain over that stretch comes in near 19%. This year’s performance runs directly against th...