October 2019 - Light at the end of the tunnel

Published on: November 1, 2019
10 months ago - 3 mins read

Light at the end of the tunnel

October 2019 has come to an end. Like each month, the 100eyes team analyses what happens to the prices in the crypto market. After six consecutive months of declining prices, the crypto market showed some life in October. Bitcoin gained 10.8% this month, arguably in response to the bullish Chinese news. Altcoins performed even slightly better and gained 12.76% on average!

Noticeable gainers this month were $RLC (+172.26%) , $LEND (+170.84%), $CHZ (+151.43%), $AMB (+106.76%), and $NXS (+78.78%). Biggest losers were $FUN (-23.43%), $NKN (-28.70%), $MDA (-32.21%), $BEAM (-38.44%), and $BAND (-39.00%). Let’s hope this wasn’t a dead cat bounce and the crypto market will continue to gain some momentum in November!

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