UNI, MATIC and AAVE surge after Bitcoin price rebounds above $20,000
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years.< /p>
Market Update
Crypto investors found cause for celebration on July 14 as the market saw a positive trading session just a day after the Consumer Price Index (CPI) posted a June print of 9.1%, its highest level since 1981.
Daily Cryptocurrency Market Performance. Source: Coin360The market rise wasn't entirely unexpected for seasoned traders familiar with a 1-2 day bounce asset prices following the most recent CPI impressions. These traders also know that there is nothing to get excited about, as rallies have usually been followed by further declines once people realize that high inflation is a negative development.
Nevertheless, green in the market is a welcome sight after the rocky start to 2022.
Top 5 coins with the 24 hours higher price change. Source: CoinMarketCapAccording to data from Cointelegraph Markets Pro and TradingView, the biggest gainers in the past 24 hours were Uniswap (UNI), Polygon (MATIC) and Aave (AAVE) .< /p> Robinhood lists UNI
Uniswap, the best
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years.< /p>
Market Update
Crypto investors found cause for celebration on July 14 as the market saw a positive trading session just a day after the Consumer Price Index (CPI) posted a June print of 9.1%, its highest level since 1981.
Daily Cryptocurrency Market Performance. Source: Coin360The market rise wasn't entirely unexpected for seasoned traders familiar with a 1-2 day bounce asset prices following the most recent CPI impressions. These traders also know that there is nothing to get excited about, as rallies have usually been followed by further declines once people realize that high inflation is a negative development.
Nevertheless, green in the market is a welcome sight after the rocky start to 2022.
Top 5 coins with the 24 hours higher price change. Source: CoinMarketCapAccording to data from Cointelegraph Markets Pro and TradingView, the biggest gainers in the past 24 hours were Uniswap (UNI), Polygon (MATIC) and Aave (AAVE) .< /p> Robinhood lists UNI
Uniswap, the best
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