[Bitcoin Drops Nearly 5% in October, First October Decline in Six Years] Bitcoin recorded a nearly 5% decline in October 2025, ending its streak of consecutive gains. This marks the first October decline in six years. Earlier, Bitcoin hit an all-time high of over $126,000 on October 6, but its price subsequently fell sharply, briefly dropping to around $104,000 between October 10 and 11. This month's performance contrasts sharply with the gains seen in gold and the Nasdaq index, highlighting the rotation phenomenon among assets. Despite the poor performance in October, Bitcoin has still risen over 16% since the beginning of the year.

The ongoing U.S. government shutdown may become the longest in history, with reverberating effects on crypto legislation.

[Bitcoin Production Cost Rises to $112,084, Mining Companies Face Profit Pressure] Latest data shows that Bitcoin production cost has risen to $112,084, after previously reaching a peak of $115,098.12 on October 9. The continuous increase in costs may significantly impact Bitcoin mining companies, especially in terms of sales and administrative expenses. Analysts point out that mining companies need to take measures to reduce operating costs to address current profit pressures and maintain business stability.

Binance DASH is currently priced at $71.51, with a 49.79% increase over 24 hours. 24-hour transaction volume of 900 million US dollars, up 680.16%, for reference only

OKX-ETH/USDT is currently trading at $3899.43, with a 5-minute increase of 0.56%. Please be aware of market fluctuations.