Bitcoin, Ethereum, and XRP Drop. Why 'Uptober' Isn't Going to Plan for Crypto. -- Barrons.com

Dow Jones

Oct 16

By George Glover

The price of Bitcoin was sliding early Thursday, as a miserable month so far for crypto investors went from bad to worse.

The world's largest cryptocurrency slipped 2.2% to $110,558 over the past 24 hours, according to data from CoinDesk. It's now trading about 14% off the record high it hit earlier in October.

Among other tokens, Ethereum fell 3.6%, Solana dropped 6.5%, and XRP slid 5% over the past 24 hours, according to data from the crypto exchange Kraken.

Heightened trade tensions between China and the U.S. this week have led to investors dumping risk-on assets, with cryptocurrencies taking the brunt of it. At one point on Sunday, Bitcoin was down 15.4% from its all-time high, outstripping the percentage-points loss the Dow Jones Industrial Average suffered the day of the 1929 Wall Street crash.

Octobers aren't supposed to go this way for cryptos. Bitcoin had risen nine out of the previous 11 Octobers before this year, according to Dow Jones Market Data, leading to some bulls christening the month "Uptober."

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

October 16, 2025 05:08 ET (09:08 GMT)

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Why 'Uptober' Isn't Going to Plan for Crypto. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-16 17:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By George Glover \n</p>\n<p>\n  The price of Bitcoin was sliding early Thursday, as a miserable month so far for crypto investors went from bad to worse. \n</p>\n<p>\n     The world's largest cryptocurrency slipped 2.2% to $110,558 over the past 24 hours, according to data from CoinDesk. It's now trading about 14% off the record high it hit earlier in October. \n</p>\n<p>\n     Among other tokens, Ethereum fell 3.6%, <a href=\"https://laohu8.com/S/HSDT\">Solana</a> dropped 6.5%, and XRP slid 5% over the past 24 hours, according to data from the crypto exchange Kraken. \n</p>\n<p>\n     Heightened trade tensions between China and the U.S. this week have led to investors dumping risk-on assets, with cryptocurrencies taking the brunt of it. At one point on Sunday, Bitcoin was down 15.4% from its all-time high, outstripping the percentage-points loss the Dow Jones Industrial Average suffered the day of the 1929 Wall Street crash. \n</p>\n<p>\n     Octobers aren't supposed to go this way for cryptos. Bitcoin had risen nine out of the previous 11 Octobers before this year, according to Dow Jones Market Data, leading to some bulls christening the month \"Uptober.\" \n</p>\n<p>\n     Write to George Glover at george.glover@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2025 05:08 ET (09:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETHV","symbol_name":"以太坊ETF-VanEck","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2575716106","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575716106","pubTimestamp":1760605680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The price of Bitcoin was sliding early Thursday, as a miserable month so far for crypto investors went from bad to worse.The world's largest cryptocurrency slipped 2.2% to $110,558 over the past 24 hours, according to data from CoinDesk. 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Bitcoin had risen nine out of the previous 11 Octobers before this year, according to Dow Jones Market Data, leading to some bulls christen","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","ETHV":"以太坊ETF-VanEck","CETH":"以太坊ETF-21Shares","09042":"华夏比特币-U","BK4585":"ETF&股票定投概念","BK1611":"加密货币现货ETF","03042":"华夏比特币ETF","09046":"华夏以太币-U","03008":"博时比特币","03179":"嘉实以太币","HSDT":"Solana","BK4600":"加密货币概念","03439":"嘉实比特币","BK4588":"碎股","FETH":"以太币ETF-Fidelity","BK4594":"比特币ETF概念","EZET":"以太坊ETF-Franklin","09009":"博时以太币-U","BK4601":"加密货币现货ETF","09439":"嘉实比特币-U","09179":"嘉实以太币现货ETF-U","BK4082":"医疗保健设备","QETH":"以太坊ETF-Invesco Galaxy"},"translate_title":"比特币、以太币和XRP下跌。为什么“Uptober”不会计划加密。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03008":0.89,"03042":1.5,"03179":1.5,"03439":0.89,"09009":1.5,"09042":1.5,"09046":1.5,"09179":1.5,"09439":1.5,"CETH":1.5,"ETHV":1.5,"EZET":1.5,"FETH":1.5,"MBTmain":1.5,"METHmain":1.5,"HSDT":0.9,"QETH":1.5},"content_text":"By George Glover \n\n\n  The price of Bitcoin was sliding early Thursday, as a miserable month so far for crypto investors went from bad to worse. \n\n\n     The world's largest cryptocurrency slipped 2.2% to $110,558 over the past 24 hours, according to data from CoinDesk. It's now trading about 14% off the record high it hit earlier in October. \n\n\n     Among other tokens, Ethereum fell 3.6%, Solana dropped 6.5%, and XRP slid 5% over the past 24 hours, according to data from the crypto exchange Kraken. \n\n\n     Heightened trade tensions between China and the U.S. this week have led to investors dumping risk-on assets, with cryptocurrencies taking the brunt of it. At one point on Sunday, Bitcoin was down 15.4% from its all-time high, outstripping the percentage-points loss the Dow Jones Industrial Average suffered the day of the 1929 Wall Street crash. \n\n\n     Octobers aren't supposed to go this way for cryptos. Bitcoin had risen nine out of the previous 11 Octobers before this year, according to Dow Jones Market Data, leading to some bulls christening the month \"Uptober.\" \n\n\n     Write to George Glover at george.glover@dowjones.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 16, 2025 05:08 ET (09:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}