Bitunix reports 80% of tracked crypto tokens lost value while Bitcoin fluctuated in October

Bitunix's Token Pulse report for October 17–23 found that roughly 80% of the 300 largest tokens tracked lost value, with a median weekly return of −3.98%, compared to Bitcoin's modest 0.71% decline. Specific losses included Cardano, NEAR, and SUI losing over 5%, and Starknet's STRK plunging 39.2%. Bitcoin's price oscillated between $80,000 and $84,000 due to shifting expectations regarding US interest rates and unpredictable institutional flows, such as a $1.16 billion net flow swing in US spot Bitcoin ETFs between October 19 and 21. Macro pressures, including declines in Intel and Micron and rising Brent oil prices, also weighed on the market.