Ethereum Moves Higher Following Economic Reports; Bitcoin Cash Emerges As Top Gainer
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) traded mostly flat, while Ethereum (ETH) moved higher, trading above the $1,600 mark. Bitcoin Cash (BCH) was the top gainer over the prior 24 hours, while Injective (INJ) was the biggest loser. The global crypto market cap fell to $1.06 trillion, recording a 24-hour decline of 0.1%. BTC was trading lower by 0.2% at $26,562 while ETH rose by around 0.8% to $1,629.
September 28, 2023 | 2:06 pm
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NEGATIVE IMPACT
Injective was the biggest loser over the prior 24 hours.
Injective's price decreased significantly, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Bitcoin traded mostly flat, with a slight decrease of 0.2%.
Bitcoin's price remained mostly stable, indicating a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Bitcoin Cash was the top gainer over the prior 24 hours.
Bitcoin Cash's price increased significantly, indicating a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Ethereum moved higher, trading above the $1,600 mark.
Ethereum's price increased, indicating a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80