{"id":7815,"date":"2022-10-14T08:31:15","date_gmt":"2022-10-14T08:31:15","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=7815"},"modified":"2022-10-14T08:31:16","modified_gmt":"2022-10-14T08:31:16","slug":"btc-eth-rebound-following-us-cpi-data-release","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=7815","title":{"rendered":"BTC, ETH rebound following US CPI data release"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n   <\/p>\n<p>The total cryptocurrency market cap saw net inflows totaling $30.49 billion. As of press time, the industry\u2019s market cap stood at $941.63 billion, up 3.13% over the last 24 hours.<\/p>\n<p>Bitcoin\u2019s market cap grew 3.87% over the reporting period to $380 billion from $365.65 billion Ethereum\u2019s market cap increased 3.23% to $162.85 billion from $157.7 billion.<\/p>\n<p>The top 10 cryptocurrencies recorded gains over the last 24 hours, rising by at least 2%. XRP gained 6.06% during the reporting period. BTC and ETH rose by over 3%, respectively.<\/p>\n<p>Source: Cryptoslate.com<\/p>\n<p>Tether (USDT) and BinanceUSD (BUSD) market cap remained relatively flat over the last 24 hours at $68.4 billion and $21.6 billion, respectively. USD Coin\u2019s (USDC) market cap dipped to $45.36 billion.<\/p>\n<h2>Bitcoin<\/h2>\n<p>Bitcoin rose 3.76% over the last 24 hours to trade at $19,793 as of press time. Its market dominance increased to 40.36% over the reporting period.<\/p>\n<p>BTC printed a green candle around 15:00 UTC that took its value above $19,000. The flagship digital asset maintained this level over the last 24 hours and peaked at $19,835 before retracing to the current price.<\/p>\n<p>Source: Tradingview.com<\/p>\n<h2>Ethereum<\/h2>\n<p>Ethereum\u2019s price gained 3.25% in the last 24 hours to trade at $1,325 as of press time. Its market dominance rose slightly to 17.31% from 17.30%.<\/p>\n<p>ETH\u2019s performance mirrored that of BTC, as it printed a green candle around 15:00 UTC. The second-largest crypto asset by market cap\u2019s value peaked at $1,335.<\/p>\n<p>Source: Tradingview.com<\/p>\n<h2>Top 5 Gainers<\/h2>\n<h3>Mdex<\/h3>\n<p>MDX is the day\u2019s top gainer, rising 64.51% over the reporting period to trade at $0.16 as of press time. The asset continues its positive run of green candles over the last seven days, rising over 135.85%. Its market cap stood at $133.3 million.<\/p>\n<h3>SingularityNET<\/h3>\n<p>AGIX is on the top gainer\u2019s list for the second consecutive day. The token is up 33.91% in the last 24 hours to trade at $0.11 as of press time. Its market cap stood at $119.48 million.<\/p>\n<h3>SushiSwap<\/h3>\n<p>SUSHI gained 23.63% over the last 24 hours to trade at $1.39 at press time. The DEX\u2019s native token has risen by over 21% in the last 30 days. Its market cap stood at $177.74 million.<\/p>\n<h3>Ribbon Finance<\/h3>\n<p>RBN rose 21.8% over the past day to trade at $0.366 at the time of publishing. The token has risen by 31% over the last seven days. Its market cap stood at $95.76 million.<\/p>\n<h3>Ethereum Name Service<\/h3>\n<p>ENS gained 19.03% over the reporting period to trade at $19.68 as of press time. The token\u2019s positive performance continues, gaining over 15% in the past week. Its market cap stood at $398.44 million.<\/p>\n<h2>Top 5 Losers<\/h2>\n<h3>Terra USD<\/h3>\n<p>USTC is the day\u2019s biggest loser. The failed stablecoin shed 4.15% in the last 24 hours to trade at $0.05 as of press time. Its market cap stood at $497.64 million.<\/p>\n<h3>Constellation<\/h3>\n<p>DAG lost 3.89% over the past day to trade at $0.075 at the time of publishing. It was unclear why the digital token was experiencing a sell-off. The token\u2019s market cap amounted to $95.84 million.<\/p>\n<h3>Convex Finance<\/h3>\n<p>CVX shed 2.73% over the reporting period to trade at $5.48 as of press time. The DeFi protocol has gained over 14% of its value over the last 30 days. Its market cap stood at $371.19 million.<\/p>\n<h3>Klaytn<\/h3>\n<p>KLAY is back among the biggest losers. The token lost 2.42% over the past 24 hours to trade at $0.15 as of press time. The asset has lost 19.29% of its value over the last seven days. Its market cap stood at $470.17 million.<\/p>\n<h3>Chain<\/h3>\n<p>XCN recorded a 2.25% loss over the last 24 hours to trade at $0.07 as of press time. Its market cap stood at $1.5 billion.<\/p>\n<p>Posted In: Bitcoin, Wrapped<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/cryptoslate-daily-wmarket-update-oct-13-btc-eth-rebound-following-us-cpi-data-release\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total cryptocurrency market cap saw net inflows totaling $30.49 billion. As of press time, the industry\u2019s market cap stood at $941.63 billion, up 3.13% over the last 24 hours. Bitcoin\u2019s market cap grew 3.87% over the reporting period to $380 billion from $365.65 billion Ethereum\u2019s market cap increased 3.23% to $162.85 billion from $157.7 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-7815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7815"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7815\/revisions"}],"predecessor-version":[{"id":7817,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7815\/revisions\/7817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/7816"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}