Bitcoin Sees Weakest October Since 2014 as Citi, Coinbase Join Forces on Stablecoin Payments

 Bitcoin Sees Weakest October Since 2014 as Citi, Coinbase Join Forces on Stablecoin Payments


October, often dubbed “Uptober” for Bitcoin’s typical rallies, has disappointed in 2025, marking its weakest performance since 2014. Historically, Bitcoin gained in 10 of the past 12 Octobers, averaging 20% monthly returns. This year, however, the cryptocurrency fell from $126,000 on October 6 to around $105,000, erasing nearly $20 billion in leveraged positions and fueling volatility.


Amid the downturn, innovation continues. Citi and Coinbase have announced a partnership to pilot Stablecoin-based payments, aiming to boost transaction speed and transparency. As U.S. regulators advance Stablecoin frameworks, this collaboration underscores growing institutional adoption of blockchain-powered fina

nce.

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