What Really Happened in the Crypto Market in October? Binance Offers Insights
The market recorded its first red October in seven years, but several sectors witnessed growth and development.
October was a very eventful month for the crypto industry. Besides marking negative returns for the first time since 2018, the month witnessed several developments that could affect the price trajectory of certain cryptocurrencies.
A monthly research report by the world’s largest cryptocurrency exchange, Binance, has offered insights into what really happened in October. Analysts have also identified trends that have begun to gain momentum in November.
The Rise of Privacy-focused Chains
The $19 billion liquidation on October 10, which resulted in the…
