October market cap fell about 16%; AI-themed crypto sector may see Apple earnings and other key factors in November

Odaily: The sell-off in AI-related US stocks has affected the crypto market. The total market capitalization of the AI-themed crypto sector fell from about $16.32 billion on October 3 to about $13.72 billion on October 31, a decrease of about $2.6 billion, or roughly 16%. NEAR, the largest AI-related crypto asset by market cap, fell more than 16% over the same period, with its market cap dropping by more than $200 million. Apple's earnings report, the US midterm elections, and key economic data may become factors of market focus in November.