October was a really tough month for the crypto market. Everyone had been calling it “Uptober,” but it ended up turning into “Downtober” 🥹
$BTC fell by 12%, $ETH fell by 21%, $SOL fell by 24%, and $XRP fell by 22%.
The market was already under constant selling pressure, and then, toward the end of October, Binance had a security incident involving around $6.3 billion. This sent BTC down further and caused many traders to get liquidated.
Hope November performs well.
In November, the U.S. midterm elections, employment data, CPI inflation data, and the Fed’s December policy decision will all be important factors to watch.
Do you think the market will rebound first in November, or keep falling?
#Bitcoin #CryptoMarket #市场分析
$BTC fell by 12%, $ETH fell by 21%, $SOL fell by 24%, and $XRP fell by 22%.
The market was already under constant selling pressure, and then, toward the end of October, Binance had a security incident involving around $6.3 billion. This sent BTC down further and caused many traders to get liquidated.
Hope November performs well.
In November, the U.S. midterm elections, employment data, CPI inflation data, and the Fed’s December policy decision will all be important factors to watch.
Do you think the market will rebound first in November, or keep falling?
#Bitcoin #CryptoMarket #市场分析
