Crypto News – As investors exercised caution in the face of looming market concerns, the cryptocurrency market was down today.
October 13 Crypto Prices: Israel-Hamas War Continues to Impact the Sector
The current week has seen extreme volatility in the cryptocurrency market, with all the major coins trying to maintain positive momentum in the face of looming worries. Investors eagerly anticipated this week’s major US economic data, which was expected earlier and would provide indicators of the country’s economic health.
In the meantime, albeit cooling slightly from August on a month-over-month basis, US inflation figures for September remained above the Fed’s objective of 2%. Notably, in an effort to control inflation, Fed officials recently said that they would think about raising the policy rate again this year.
Pepe Coin Price Today
As of this writing, the Pepe coin’s price has increased by 0.59% to $0.0000006273, and its 24-hour volume has increased by 3.78% to $34.61 million. The recent surge in the price of cryptocurrencies shows that investors are breaking their concerns about current market fears.
Loom Network (LOOM) Price Today
One of the top gainers in today’s session is the Loom Network cryptocurrency, which saw huge gains on Friday. The Loom Network’s price was up 25.15% to $0.2684 as of this writing, while its volume increased 206.42% from yesterday to $666.86 million. According to a number of observers, rising interest in the Korean exchange Upbit is to blame for the recent increase in cryptocurrency prices.
THORChain Price Today
As of writing on Friday, the THORChain price had increased by 10.74% and was trading at $1.67. While its market cap increased by 10.75% to $564.59 million, its volume over the previous 24 hours soared by almost 94.81% to $123.21 million. At its present price, the cryptocurrency has seen an increase of more than 13% over the last 30 days.
Trust Wallet Token (TWT) Price Today
The Trust Wallet Token‘s price had risen to $0.9643 as of October 13, while its one-day trading volume had fallen to $22.81 million, a decline of 1.78%. Its market capitalization, however, rose 5.87% to $401.84 million. The website recently disclosed a partnership with Moonpay to cover the first five cryptocurrency purchases users make using the Trust Wallet Extension without charging them anything.
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