# Is Uptober Over for BTC?

> Bitcoin drops 4% in October as altcoins fall harder, sparking Uptober debate.
- Title: Is Uptober Over for BTC? · 24/7 Wall St. | Shortify
- Summary: Bitcoin drops 4% in October as altcoins fall harder, sparking Uptober debate. Bitcoin has fallen 4% this October, with altcoins dropping over 10% each…
- Keywords: bitcoin, btc, eth, xrp, solana, crypto, upoctober, bitcoin price drop, crypto liquidations, fed rate hike, Uptober, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/10/17/is-uptober-over-for-btc-bitcoin-is-down-nearly-4-so-far-this-october
- Author: Sam Daodu
- Published: 2026-10-17T07:16:25+00:00
- Read time: 1 min
- Topics: bitcoin, btc, eth, xrp, solana, crypto, upoctober, bitcoin price drop, crypto liquidations, fed rate hike
## Uptober's Historical Pattern
Bitcoin has historically gained in October for seven of the last nine years.
## October 17 Bitcoin Price
Bitcoin trades at $81,497, down from $84,856 on October 1.
## October Price Fluctuations
Bitcoin reached $87,249 high and $79,676 low this month.
## Altcoins Drop Sharply
Ethereum, XRP, and Solana all fell over 10% since October 1.
## XRP's Biggest Fall
XRP dropped 12.3% to $1.31 from $1.49 on October 1.
## Bitcoin's October Record
Since 2017, Bitcoin has had seven positive October months and two red ones.
## Liquidations Drive Down
Exchanges liquidated $974 million in Bitcoin positions on October 8.
## Inflation Fears Rise
The Consumer Price Index rose 0.6% in September with a 3.7% year-over-year increase.
## ETF Outflows Accelerate
Spot Bitcoin ETFs saw $487 million outflow on October 7, $244 million on October 8, and $261 million on October 14.
## Fed Rate Hike Probability
Futures traders price in a 47% chance of another Fed rate hike by October 28.
## Uptober's Final Days
Bitcoin needs to rise 4.1% to close above $84,856 and end October positively.
## Michael Saylor's Comment
Michael Saylor said Bitcoin hit the bottom slightly below $60,000.
## Key takeaway

Bitcoin has fallen 4% this October, with altcoins dropping over 10% each, threatening to end a seven-year streak of positive October months.