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Bitcoin Is Sliding Amid Rate Cut Uncertainty. Here's Why 'Uptober' Never Happened.
Yahoo Finance·2025-10-31 04:55

PAT BATARD / Hans Lucas / AFP / Getty Images The world's most well-known cryptocurrency has lost 15% of its value since hitting a record high in early October. Key Takeaways The price of Bitcoin extended its slide Thursday, heading toward its monthly low of around $104,000. Other cryptocurrencies also lost ground, along with U.S. stocks. The slide could underscore broader risk-off sentiment fueled by anxiety around the Federal Reserve's plans for future interest rate cuts. Whatever happened to "Upto ...