Bitcoin’s failed bounces mask deeper pain as 80% of crypto tokens fall
AI summary
Bitcoin has whipsawed through October, slipping below $80,000 last week, recovering toward $84,000, then falling back toward $81,000. Each bounce has failed to hold, signaling weak conviction behind rallies. The damage is worse below Bitcoin, with roughly 80% of crypto tokens declining, a breadth problem that suggests altcoin holders face deeper losses than the headline BTC range implies.
