Bitcoin down 38.6% (from all-time high to Oct. 31 close)… S&P 500 down 3.1% (from Oct. 6 to Oct. 30 close)
Original headline비트코인 38.6%↓(사상 최고가→10월 31일 종가)…S&P500 3.1%↓(10월 6일→30일 종가)
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Bitcoin closed October 31 at $77,474, down 38.6% from its all-time high of $126,080, according to CoinGecko data as of Nov. 1, 9 a.m. KST. The drawdown coincided with broader risk-off pressure: the S&P 500 closed Oct. 30 roughly 3.1% below its record close. The MELANIA memecoin has fallen 99.4% from its peak as of Nov. 2, underscoring the severity of the decline in speculative crypto assets. The article notes the three figures use different reference dates and highs, so they are not directly comparable as same-period returns. Traders will be watching whether Bitcoin holds the $77,000 level and whether equities stabilize, as further weakness in either market could signal continued deleveraging across risk assets.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), S&P 500, MELANIA, CoinGecko
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