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Bitcoin Is Already Trading At Its 'Democratic Sweep' Price: Goldman Maps The Uptober Bust Into Election Night

Tyler Durden's Photo
by Tyler Durden
Authored...

So much for "Uptober."

Bitcoin's most reliable seasonal tailwind ended up as a headwind in 2026: BTC finished October down 7.4% at $77,401, ether lost 16.2% and solana 19.3%, while the US-listed spot ETFs for all three bled a combined $2.3 billion. And most of the damage came in the final week, courtesy of North Korea's elite hackers walking out of Binance with $6.3 billion in about 20 minutes.

North Korea Stole Uptober