Crypto Assets fall, Miner profits

Affected by the tightening financial environment and the risk-averse sentiment triggered by the Balancer vulnerability attack, the crypto assets market has generally fallen, with L2s (-14.0%), Ethereum (-13.6%), and the Solana ecosystem (-13.2%) being hit the hardest. Meanwhile, Bitcoin miners IREN and CIFR rose due to major artificial intelligence infrastructure deals; IREN's stock price soared 11.5% after reaching a $9.7 billion, five-year protocol with Microsoft, while CIFR's stock price surged 22% due to a $5.5 billion, 15-year partnership with AWS. Trading for Solana's SOL token is weak, with institutional capital inflow slowing in October, bringing the actual economic value down to $41 million, despite recent market fluctuations resulting in robust network performance and the median transaction fee remaining at a low level.

BAL4.63%
ETH-5.18%
SOL-1.72%
BTC-1.85%
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