Fixygen has prepared a summary of the week (October 27-31) for the cryptocurrency market. For the first time since 2018, Bitcoin ended October with a loss of almost 5%. Ethereum fell 8% over the month, while maintaining an annual growth of about 14%. Activity in altcoin options has risen sharply: traders are increasingly betting on calls for VIRTUAL, AAVE, ADA, and other tokens.
It should be noted that macroeconomics has given a weak impetus to market development: the Federal Reserve has again postponed its forecast for further rate cuts, and delays in economic data due to the shutdown have increased uncertainty.
Risk appetite in the market has declined: after record growth in October to ~$126,000 per Bitcoin, concerns about US-China tariffs and the liquidation of more than $400 billion in cryptocurrency-related positions have returned the market to a state of caution.
Bitcoin retains its status as the “global reserve cryptocurrency,” but volatility is becoming more pronounced: the price broke through the ~$104,000 mark at the beginning of the week, but support remained in the ~$106,000–109,000 range.
Altcoins and options: interest is shifting towards altcoins and derivatives on them. The growth in open interest and the prevalence of call options indicate attempts by market participants to capture momentum in less liquid assets. This could create spikes with strong corrections.
Macro conditions remain the main risk factor: the Fed’s decision, delays in key data, trade friction between the US and China — all this limits the inflow of capital into risky assets, including cryptocurrencies. It also strengthens the correlation between crypto assets and traditional markets.
In the coming weeks, the crypto market may be in a consolidation phase: volatility will remain, but without a clear upward or downward trend until a clear macro signal appears.
If the Fed or another major regulator delivers a positive surprise, a rapid rebound is possible. If the news is negative or absent, another correction to around $100,000 for Bitcoin is possible.
The week of October 27–31 served as a reminder that cryptocurrencies continue to adapt to “big politics” and global economic risks. The market has emerged from record growth at a high price, and now the key words for participants are “careful risk assessment + strategy flexibility.”
Source: https://www.fixygen.ua/news/20251102/pidsumki-tizhnya-na-rinku-kriptovalyut-oglyad-fixygen.html
