{"id":24041,"date":"2022-09-15T10:00:29","date_gmt":"2022-09-15T04:30:29","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=24041"},"modified":"2022-09-19T18:20:42","modified_gmt":"2022-09-19T12:50:42","slug":"market-update-september-15-2022","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/crypto\/market-update-september-15-2022\/","title":{"rendered":"Crypto market update: 15 September 2022"},"content":{"rendered":"

With the long-awaited Ethereum Merge just hours away, the top cryptos by market had a bearish session yesterday. Ethereum (ETH) and Cardano (ADA) led the way, rallying by 4.09% and 3.66%, respectively.<\/p>\n

The top gainer for yesterday was Celsius. With news about Celsius planning to restructure its business making the rounds, its token CEL surged by 28.97%. Ravencoin (RVN) and Ethereum Classic (ETC) followed, with gains of 17.44% and 11.23%, respectively.<\/p>\n

Despite Bitcoin (BTC) struggling to recover from Tuesday\u2019s 9.9% drop, it saw a 0.29% rise and ended the day at $20,234. BTC\u2019s drop negatively impacts investor sentiment and impacts most altcoin prices.<\/p>\n

The crypto market cap rose by $12.5 billion to $963.9 billion during the session. The gain was modest compared to Tuesday\u2019s $78.9 billion drop.<\/p>\n

The Fear and Greed Index<\/h2>\n

The Fear and Greed Index, created to understand investor sentiments in the crypto market, increased from 27 to 28. While that\u2019s a modest increase, the fact that the Extreme Fear zone was avoided reflects investor resilience.<\/p>\n

The Index needs to return to 40\/100 to support a BTC move toward $25,000. If it falls below 20\/100, BTC could drop below $18,000.<\/p>\n

\"The<\/p>\n

Top gainers and losers<\/h2>\n

The top gainer today, according to live data from CoinSwitch<\/a>, is QuarkChain (QKC) which surged by 11.74%. It is trailed by Compound (COMP) and Fetch.ai (FET) with 5.60% and 5.23% gains, respectively.<\/p>\n

Terra 2.0 (LUNA2) is trading on the red side, down by 33.42% after South Korea reportedly issued an arrest warrant for founder Do Kwon. Golem (GLM) and AirSwap (AST) are the other leading laggards, down by 11.14% and 7.79%, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

With the long-awaited Ethereum Merge just hours away, the top cryptos by market had a bearish session yesterday. Ethereum (ETH) and Cardano (ADA) led the way, rallying by 4.09% and 3.66%, respectively. The top gainer for yesterday was Celsius. With news about Celsius planning to restructure its business making the rounds, its token CEL surged […]<\/p>\n","protected":false},"author":70,"featured_media":24061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[460,6530],"tags":[6467,6602,6536],"class_list":["post-24041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news-2","tag-crypto","tag-market-update","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-07-22T13:28:55+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Akumbenla Jamir\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/akumbenla\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/38aea2873be2850fa7502413626eea19?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":false,"key_takeways":false,"select_disclaimer":"Article Default Disclaimer"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/24041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=24041"}],"version-history":[{"count":1,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/24041\/revisions"}],"predecessor-version":[{"id":24046,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/24041\/revisions\/24046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/24061"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=24041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=24041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=24041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}