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Crypto Update of the Day Oct. 30:
Bitcoin continued its downward slide on October 30, 2025, closing at around $106,500—its lowest level since mid-October and down over 15% from its all-time high of $126,000 set earlier this month.
This is now Bitcoin's worst October performance in more than a decade, with a 6.9% drop month-to-date as a hawkish US Federal Reserve has rattled risk assets despite a new US-China trade agreement.
Other top crypto assets like ETH, XRP, SOL, and DOGE have plunged 5%-7% in just 24 hours as the total crypto market sheds billions.
Liquidations peaked at $1.15 billion in the last 24 hours, mostly affecting long positions, with over 220,000 traders impacted globally.
October was expected to be bullish (“Uptober”) but instead saw catastrophic liquidations, altcoins down as much as 80%, and fear dominating sentiment after a black swan event earlier this month wiped out nearly $19 billion in leveraged positions.
Crypto markets remain extremely volatile, with traders now eyeing support in the $100K-$105K zone for Bitcoin heading into November 1 reply
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