Markets· ★★★· bearish·

Bitunix: 80% of Top 300 Tokens Fell in Week of October 17–23

  • —Median weekly return for the top 300 tokens was −3.98%; bitcoin fell 0.71%
  • —STRK plunged 39.2%, while ADA, NEAR and SUI each lost more than 5%
  • —Spot BTC ETF flows: +$526.7 million on October 19, −$635.6 million on October 22
  • —Brent crude rose 6.8% over the period amid escalating Middle East tensions
Why it matters: Broad altcoin weakness makes a market-wide recovery harder to sustain; the Fed meeting on October 27–28 and PCE data on October 29 are the next tests.
Source: BeInCrypto