Bitcoin ended October down 7.5%, its weakest October performance since 2014, according to the excerpt. It says a sell-off after a reported Binance hack deepened the decline, but bitcoin had already fallen more than 7% before the breach.
Ether lost more than 15% over 30 days. Solana fell 7% and cardano 6.6% over one week, while a handful of other tokens gained. The excerpt puts the cryptocurrency market’s total value at $2.7 trillion by Nov. 1, down from $2.8 trillion on Oct. 25.