Crypto market dazed: Bitcoin and Ethereum struggle to shake October blues
Bitcoin and Ethereum reverse gains after strong start to 2025
With markets now firmly in the home straight for the run into year-end, the crypto sector remains in a daze following its October meltdown.
After being one of the best-performing assets during the first nine months of 2025, with Bitcoin up over 35% at its October peak of $126,272, it is now down 5.25% year-to-date (YTD) at its current price of $88,480. Ethereum has suffered a similar fall from grace. At its current price of $3005, it is down 9.80% YTD, a stark contrast to being up almost 50% in August.
The overhang from this correction has left the outlook for Bitcoin and Ethereum uncertain, a sentiment perhaps best illustrated by the conflicting views offered recently by…
