U.S. mergers and acquisitions (M&A) activity showed signs of recovery in October, with a 9% increase in the number of deals from September, totaling 1,202 announcements compared to 1,102 in the previous month. However, total spending on these deals decreased by 18% during the same period. A report indicated that 16 out of 21 sectors experienced a year-over-year decline in M&A deals when comparing the trailing three months from August to October 2024 with the same period in 2023. Despite the overall decline in spending, there is a medium confidence prediction for significant M&A activity in the cryptocurrency sector over the next four years, suggesting a favorable environment for such transactions.