Ethereum Tops This Key Level Following PPI Data; Hedera Emerges As Top Gainer
Portfolio Pulse from Lisa Levin
Cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) traded higher, with BTC above $26,400 and ETH above $1,600. Producer prices in the U.S. rose by 0.7% in August 2023, higher than market expectations. Hedera (HBAR) was the top gainer over the past 24 hours, while Astar (ASTR) was the biggest loser. Other notable gainers include Conflux (CFX), Solana (SOL), THORChain (RUNE), and Curve DAO Token (CRV). Losers include Flare (FLR), Klaytn (KLAY), Compound (COMP), and Toncoin (TON).
September 14, 2023 | 1:48 pm
News sentiment analysis
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NEGATIVE IMPACT
Compound was among the biggest losers over the past 24 hours.
Compound's price decrease is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitcoin traded higher, above the $26,400 level.
The rise in Bitcoin's price is likely due to the overall positive sentiment in the cryptocurrency market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Conflux traded higher over the past 24 hours.
Conflux's price increase is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ethereum traded higher, above the $1,600 mark.
The rise in Ethereum's price is likely due to the overall positive sentiment in the cryptocurrency market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Hedera was the top gainer over the past 24 hours.
Hedera's price increase is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100