Performance Drivers and Underlying Developments: What Happened in Crypto in October?

October was a turbulent month in macroeconomics, bringing tailwinds to crypto.

Bitcoin has decoupled from the S&P500 amidst the turbulent macro environment, recording a 0. 3 correlation this month.

Historically, Bitcoin has been considered a risk-on asset, but recent price action suggests that investors may turn to Bitcoin as a flight to quality.

Bitcoin and Ethereum.