While equities strongly rebounded and ended the day in green, the crypto market saw a slight decline. As of now, $BTC is trading at $57,338, down 0.5%, and $ETH is trading at $2,340, down 2%.
The U.S. CPI and core CPI came in line with expectations at 2.5% and 3.2%, respectively. The market is now pricing in an 85% chance of a 25 bps rate cut next week.
A few headlines include the Harris-Trump debate ending without any mention of cryptocurrency, Indodax being hacked for $22M, and Multicoin sharing its thesis on DRIFT.
During the last 24 hours, the top three gainers were $XMR, $PEPE, and $INJ, while the top three losers were $WEMIX, $APE, and $DYM.
