October: The Month of Bitcoin

By Official Okex | Okex Announcements | 2 Nov 2020

A Wonderful Month for Bitcoin

Read our article on the OKEx Academy to see in-depth information on how the cryptocurrency markets have performed. This month it's mostly good news!

Good News!

Bitcoin closed the month of October at 13,700 USD
Total cryptocurrency marketcap rose to 400 billion USD
Bitcoin Cash and Litecoin are up

Minor Bad News

Defi Tokens are down
Traditional Altcoin like EOS and XRP are down
UNIswap fell 45%

We also look forward to seeing the USA election results. Once the President is determined market uncertainty should die down in the stock market and for cryptocurrency.

Cryptocurrency DeFi Fundamental Analysis

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Official Okex

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OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology. OKEx provides hundreds of token & futures trading pairs to help traders optimize their strategy. We are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Our BTC futures trade have nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry.

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