The first part of October was very quiet without a lot of volatility on the crypto markets. The second part of October saw some important trend changes where Bitcoin-based coins saw strong growth (driven by the Paypal news) while most of the other coins saw strong declines (top20 coins on average close to stable). Also for the first time since the start of the Covid-19 crisis the correlation between the stock markets and the crypto markets has turned opposite.
“Our trading bots returned on average a modest 1% in October. The average 30-day performance of our bots is still 4,5%.”