Crypto’s riskiest tokens slide to pandemic-era levels

The crypto market selloff shows no signs of abating, and some of the riskiest tokens are bearing the brunt of it.

- Bloomberg

The MarketVector Digital Assets 100 Small-Cap Index, which tracks the 50 smallest digital assets in a basket of 100, fell to its lowest level since November 2020 on Sunday before paring some losses.

The low point came as Bitcoin, the largest cryptocurrency, erased its roughly 30% advance for 2025 through early October, when it hit a record. So-called altcoins, a barometer of risk appetite in the most speculative corners of crypto, have trailed their larger counterparts by a wide margin since early 2024.