logo
$7M Ultimate Champion
Sign Up to 15,000 USDT in Rewards
Limited-time offer is waiting for you!

Down 5%, Up 5%

october-14-daily-update

Main Takeaway: Markets Down & Up

US inflation numbers came in at 8.2%, which was higher than expected. Immediately after, markets experienced a rapid selloff, but about two hours later, markets suddenly reversed and put in a +3% gain d-o-d. It was one of the few times the markets crashed by over 3%, suddenly reversing all the losses, and ending the day in the green. This means that it could be a bear market rally, or that the inflation numbers were already priced in.

S&P500 October Volatile Post Inflation

Today’s Top Gainers

The top five performing coins on Phemex d-o-d are Sushi (SUSHI/USDT), Alchemy Pay (ACH/USDT), Ethereum Name Service (ENS/USDT), Voyager (VGX/USDT), and Celsius (CEL/USDT).


For any inquiries contact us at support@phemex.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
Sign Up and Claim 15000 USDT
Disclaimer
This content provided on this page is for informational purposes only and does not constitute investment advice, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. For further information, please refer to our Terms of Use and Risk Disclosure

Related articles

Bitcoin Price Today and Why the Slide to 64000 Triggered 1.1 Billion in Liquidations

Bitcoin Price Today and Why the Slide to 64000 Triggered 1.1 Billion in Liquidations

Market Insights
2026-06-23
10-15m
XRP Price Today and Why Whales Added 1.5 Billion Tokens Before the CLARITY Vote

XRP Price Today and Why Whales Added 1.5 Billion Tokens Before the CLARITY Vote

Market Insights
2026-06-23
10-15m
Why Tokenized Stocks Surged 726% as SpaceX and Micron Shares Trade on Solana

Why Tokenized Stocks Surged 726% as SpaceX and Micron Shares Trade on Solana

Market Insights
2026-06-23
10-15m
Aerodrome Finance Price Prediction: Will AERO Soar or Stall?

Aerodrome Finance Price Prediction: Will AERO Soar or Stall?

Market Insights
2026-06-22
15-20m
Can Ethereum Reclaim $1,800 as Staking ETFs Gain Traction

Can Ethereum Reclaim $1,800 as Staking ETFs Gain Traction

Market Insights
2026-06-22
10-15m
Can Bitcoin Hold $64,000 Before the Weekend Options Expiry

Can Bitcoin Hold $64,000 Before the Weekend Options Expiry

Market Insights
2026-06-22
10-15m