Crypto Market Outlook: Looking Back to Forge New Milestonesby@bitrue
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Crypto Market Outlook: Looking Back to Forge New Milestones

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The combined crypto market cap reclaimed the $1 trillion milestone on October 26 and has stayed about that point since. Bitcoin has grown by 8.93% over the past month. The collapse of FTX, once valued at about $32 billion, declared bankruptcy after a massive run on user deposits. The FTX Token (FTT) tanked by over 90% following the news, and it weighed down on the price of Bitcoin and other altcoins across the board. Following the collapse, BTC is down by over 22% in the month-to-date period, while ETH down by 7.95% to $351.21.

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