logo
Promotions
bonus

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 4800 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

October 2025 Crypto Dip: Temporary Correction or the Start of a Bear Market?

October 2025 Crypto Dip: Temporary Correction or the Start of a Bear Market?

Market Insights
2025-10-11
15-20m
2025 Crypto Crash: What Happened and How to Navigate Next

2025 Crypto Crash: What Happened and How to Navigate Next

Market Insights
2025-10-11
5-10m
ChainOpera AI (COAI) Price Prediction 2025: Will COAI Soar or Stall?

ChainOpera AI (COAI) Price Prediction 2025: Will COAI Soar or Stall?

Market Insights
2025-10-10
15-20m
ZEC vs XMR: A Deep Dive into the Titans of Crypto Privacy

ZEC vs XMR: A Deep Dive into the Titans of Crypto Privacy

Market Insights
2025-10-10
15-20m
Supercharge Your Futures Trading with Phemex Multi-Assets Mode

Supercharge Your Futures Trading with Phemex Multi-Assets Mode

Phemex Products
2025-10-09
3-5m
ASTER Price Prediction 2025: DeFi’s Rising Potential?

ASTER Price Prediction 2025: DeFi’s Rising Potential?

Market Insights
2025-09-26
10-15m