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October a defining month for crypto

Bangkok Post

|

October 10, 2025

The cryptocurrency market in October is on a bullish footing, with both Bitcoin and altcoins showing strong potential to extend gains, thanks partly to the expected monetary policy easing in the US, says digital asset fund manager Merkle Capital.

- NUNTAWUN POLKUAMDEE

October a defining month for crypto

Monetary easing in the US, supportive seasonality, and renewed strength in altcoin markets are three factors driving crypto prices higher this month, says Merkle Capital.

According to Woramet Chansen, investment advisor at Merkle, other key factors that could drive prices higher this month in addition to a Federal Reserve interest rate cut are supportive seasonality and renewed strength in altcoin markets.

The market widely expects the Federal Open Market Committee to trim the rate by a quarter-point to a range of 3.75% to 4% when it meets on Oct 28-29.

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