Crypto Market performance

The crypto market has struggled to maintain positive momentum this week. Meanwhile, following the release of the CPI data, the market continued its downward momentum, indicating that prevailing concerns reduced investors' risk betting appetite. Notably, the crypto market's Fear and Greed Index is at 40, indicating a sentiment of "fear" among market players

At the time of writing, the global crypto market capitalization lost 1.28% to stand at US$ 1.05 trillion, while its volume over the last 24 hours fell 3.05% to US$ 25.25 billion. Over the last 24 hours, Bitcoin dominance plunged 0.05% to 49.99%.

The largest cryptocurrency by market capitalization, Bitcoin led losses in the broader market. The price of Bitcoin fell 1.51% to US$ 26,802.12 on Friday (13/10) at 10.00 WIB, while volume rose 1.32% to US$ 12.24 billion from yesterday.

On the other hand, Ethereum price fell 1.50% to US$ 1,548.35 at the time of writing, with its volume down 11.96% to US$ 5.05 billion. At the same time, the price of XRP also decreased by 1.67% to US$ 0.4791, and its one-day volume jumped 4.92% to US$ 799.02 million.