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JUP is the biggest winner today among the top 100 alternatives.
The eagerly awaited consumer price index figures announced on Friday led to some volatility in the cryptocurrency markets, as Bitcoin surged to $112,000 only to drop below $110,000 before regaining all its losses.
Several alternative currencies recorded more impressive gains over the past few days, including JUP, ZEC, CRO, BCH, and XRP.
BTC regains all losses
The leading cryptocurrency experienced a sharp disruption at the end of the previous work week, as its value dropped from $112,000 to below $104,000 in just one day. However, it recovered over the weekend and continued its decline at the beginning of the new work week.
Optimists started with a noticeable rise on Tuesday, leading to a sharp increase of $6,500. This pushed the price of Bitcoin from $107,500 to a peak over several days at $114,000. But it turned out to be a trick, as Bitcoin quickly lost all its gains and fell further below $106,500.
The next few days were more positive, albeit less exciting, as markets awaited the release of US consumer price index figures on Friday. The price of Bitcoin stabilized at around $111,000, then immediately rose by a thousand dollars after the inflation for September came in lower than expected.
