By Oct. 29, as markets limped into month’s end, it was clear: October 2025 would go down as the red month that broke a decade of bullish seasonality.
The nightmare began on Oct. 10, over $19.37 billion in leveraged positions were liquidated across 1.6 million traders — the largest single-day wipeout in crypto history, after Donald Trump's surprise announcement of 100% tariffs on Chinnese imports.
$BTC plunged 18%, from its Oct. 6 all-time high of $126,000 to a low of $104,782. $ETH fell 20% to under $4,000, while altcoins like $SOL , doge , XRP suffered huge (!) 60–80% losses as liquidity dried up.
Then came some crypto security nightmares, hacks, exploits and digital hauntings - Abracadabra DEFI, Lazarus Groud from North Korea and other losses.
Trump’s Executive Order fast-tracks frameworks by July 2025, but a U.S. government shutdown delayed ETF approvals, amplifying crash volatility.
There is only one day left in October. So the fact that October, at the end of the global economic cycle, #toptober has always been a green month, will now be broken. There is always something new under the sun!🌞
In the short term, the market sentiment is very bearish, in the long term, cryptos are performing as expected, and for large-cap altcoins, it can generally be said that despite the strong fluctuations, the sector's development is unbroken. DYOR.
