October 2025 was supposed to be another “Uptober”—crypto’s seasonal rally where markets turn green and optimism runs high.
Instead, it became one of the bloodiest months in the industry’s history, marked by cascading liquidations, geopolitical chaos, and a wave of cyberattacks that left investors shaken.
What began as whispers of tariffs quickly spiraled into panic. Within hours, nearly $19 billion in leveraged positions vanished, altcoins cratered 60–80%, and hackers took advantage of the carnage, draining millions from vulnerable protocols.
Bitcoin (BTC) managed to recover from sub-$105,000 lows, but fear remained pervasive. The Crypto Fear & Greed Index plunged into Extreme Fear multiple times throughout the month. This wasn’t just a correction—it was a purge, flushing out over-leveraged traders and exposing how fragile the ecosystem still is when pressure mounts.
