Uptober Falls Short of Expectations: Bitcoin Loses Over 7%, Ethereum More Than 16% in October 🔹 October 2026 proved to be a difficult month for the cryptocurrency market. According to CoinGlass, Bitcoin ended the month down 7.32%, while Ethereum lost 16.06%. Both assets therefore closed October in the red, despite the crypto community's traditionally positive expectations for this period. 🔹 For Bitcoin, this was the sixth negative October on record. Ethereum ended the month with losses for the fifth time. 🔹 Between 2013 and 2025, Bitcoin closed October in positive territory 10 out of 13 times. Its average return over that period was 18.71%, while the median return was 12.73%. However, the traditional seasonal trend failed to materialize in 2026.