Crypto market trends reveal a 9.1% drop in October linked to inflation, Fed rate hike expectations, and technology stock pressures.
October 2026 erased most of September’s crypto recovery: total market capitalization fell 9.1% to US$2.70 trillion, according to Binance Research’s November report. Its review of crypto market trends links the retreat to hotter inflation, rising expectations of a December Federal Reserve rate hike and a technology-stock selloff driven by AI spending and debt concerns.
Key takeaways
- October’s decline followed an 11.0% crypto market gain in September.
- Ether ETFs suffered their largest monthly net outflow of 2026.
- Five major AI spenders’ capital expenditure exceeded operating cash flow.
- The OCC…
