Markets· ★★★· bearish·

Crypto market wrap, Oct 14: top 10 coins slide 2.91%, ENA drops 6.68%

  • —Top 10 cryptocurrencies fell 2.91% on average over 24 hours
  • —BTC -1.27% to €73,243; ETH -2.67% to €2,180
  • —ENA -6.68% after $2.16M in long liquidations on Binance, Bybit and OKX
  • —Hotter-than-expected US inflation and broad deleveraging drove the selloff
Why it matters: Crypto remains hostage to US macro data: sticky inflation revives Fed rate-hike risk and hits altcoins harder than BTC.
Source: Bit2Me News