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Bitcoin (BTC) Price Jumps, But ' Uptober’ Stumbles

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Bitcoin Price

The crypto market has strengthened in the last 24 hours. The price of Bitcoin (BTC) today jumped 1% more. However, October, which is usually a month full of sweet surprises for Bitcoin investors or known as the ‘Uptober’ phenomenon, has now recorded the worst performance in the last decade.

Based on data from Coinmarketcap, Monday (20/10/2025) at 06.30 WIB, the global crypto market capitalization shot up 1.63% to US$ 3.69 trillion in 24 hours. 

The cryptocurrency with the largest market capitalization, Bitcoin (BTC) today saw a jump of 1.53% in the last 24 hours. Currently, the price of Bitcoin is at the level of US$ 108,754 per coin.

The price of Bitcoin (BTC) had broken the all-time high (ATH) at the level of US$ 126,223 which was recorded on October 7, 2025.

Bitcoin Price

Ethereum (ETH) also gained 2.84% to US$ 3,996, Binance (BNB) also increased 1.96% to US$ 1,113, Solana rose 0.77% to US$ 188, Dogecoin (DOGE) soared 3.36% to US$ 0.19, XRP fell 1.44% to US$ 2.39.

Quoted from CoinTelegraph, the price of Bitcoin plummeted by about 5% throughout October. In fact, historically, 'Uptober' tends to record a large rally with an average increase of 19.8%. Only November recorded a stronger performance, with an average jump of 42%.

A month full of sweet surprises for Bitcoin investors or known as the ‘Uptober’ phenomenon, has now recorded the worst performance in the last decade.

Global macroeconomic pressures such as tariff tensions between the United States (US) and China, weak market liquidity, as well as a wave of leveraged position washouts have pressured Bitcoin prices.

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