Crypto market Oct 22: top 10 falls 6.18%, NEAR drops 8.69%
- —Top 10 cryptocurrencies fell an average 6.18% in 24 hours
- —BTC retreated from $84,808 to $82,690; dominance climbed to 59.53%
- —NEAR -8.69%, ADA -6.90%, LINK -6.10%, ETH -4.81%
- —Spot ETH ETF outflows topped $1.08B in October, the year's largest monthly redemption
Why it matters: Rising BTC dominance amid a broad selloff signals capital rotating out of altcoins into bitcoin.
Source: Bit2Me News