The cryptocurrency market lost around $360 billion in October as Bitcoin and major altcoins ended the month lower. Total market cap fell from $2.94 trillion on October 1 to $2.58 trillion on October 31, with...
Summary
- The cryptocurrency market lost around $360 billion in October as Bitcoin and major altcoins ended the month lower.
- Total market cap fell from $2.94 trillion on October 1 to $2.58 trillion on October 31, with Solana and Ethereum recording some of the major losses.
- Meanwhile, heavy liquidations and weaker Bitcoin ETF inflows added to the market pressure.
- Crypto Market Cap Drops 12% as $360 Billion Wiped Out The overall crypto market experienced a difficult October, with its total value falling by around 12.2%.
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