{"id":26674,"date":"2022-10-28T10:07:26","date_gmt":"2022-10-28T04:37:26","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=26674"},"modified":"2022-10-28T10:07:26","modified_gmt":"2022-10-28T04:37:26","slug":"crypto-market-update-october-28-2022","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/news\/crypto-market-update-october-28-2022\/","title":{"rendered":"Crypto market update: 28 October 2022"},"content":{"rendered":"<p>After experiencing two bullish sessions, the crypto market had a mixed session yesterday. Most of the top cryptos by market cap were seen trading in the red. The total market cap went down by $19.5 billion, ending the day at $940.1 billion on 27 October.<\/p>\n<p>Most of the top cryptos underperformed, with Cardano (ADA) and Ethereum (ETH) leading the way down, losing 3.72% and 3.34%, respectively. Bitcoin (BTC) and Solana (SOL) also lost value. BTC fell by 2.35%, reversing a 3.41% rally from Wednesday. But despite the loss, BTC ended the day at $20,301, holding steady over $20K. Ethereum (ETH) was also down in yesterday&#8217;s session, ending the day at $1,554, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>. Ethereum is continuing its downward momentum at publishing time.<\/p>\n<p>However, Dogecoin continued its upward momentum, buoyed by Tesla CEO Elon Musk nearing completion of the $44B acquisition of social media platform Twitter. The memecoin witnessed a gain of 5.82% in yesterday&#8217;s session.<\/p>\n<p>The mixed session is attributed to the US economic indicators and corporate earnings that tested crypto trader&#8217;s appetite after two bullish sessions. However, disappointing earnings reports from the likes of Meta Platforms had a more significant impact. The tech-heavy NASDAQ 100 fell by 1.63% on Thursday.<\/p>\n<h2>Crypto Fear &amp; Greed Index<\/h2>\n<p>The Fear and Greed Index, an indicator of market sentiments, dropped from 32\/100 to 30\/100, indicating &#8220;Fear.&#8221; Despite the modest decline, the index remained within the fear zone. At the start of this week, the index was in the &#8220;Extreme Fear&#8221; zone.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-26677\" src=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-28-at-9.25.07-AM-1024x432.png\" alt=\"Crypto Fear &amp; Greed Index\" width=\"800\" height=\"338\" srcset=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-28-at-9.25.07-AM-1024x432.png 1024w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-28-at-9.25.07-AM-300x127.png 300w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-28-at-9.25.07-AM-768x324.png 768w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-28-at-9.25.07-AM.png 1512w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2>Top gainers and losers<\/h2>\n<p>The top five gainers in the last 24 hours include:<\/p>\n<ul>\n<li>Uniswap (UNI): 1.94%<\/li>\n<li>Terra 2.0 (LUNA2): 1.64%<\/li>\n<li>GAS (GAS): 1.08%<\/li>\n<li>Cosmos (ATOM): 0.84%<\/li>\n<li>Chromia (CHR): 0.52%<\/li>\n<\/ul>\n<p>The top five losers in the last 24 hours include:<\/p>\n<ul>\n<li>QuarkChain (QKC): (-12.04%)<\/li>\n<li>Augur (REP): (-6.22%)<\/li>\n<li>Chiliz (CHZ): (-6.11%)<\/li>\n<li>Shiba Inu SHIB: (-5.55%)<\/li>\n<li>Compound (COMP): (-5.35%)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>After experiencing two bullish sessions, the crypto market had a mixed session yesterday. Most of the top cryptos by market cap were seen trading in the red. The total market cap went down by $19.5 billion, ending the day at $940.1 billion on 27 October. Most of the top cryptos underperformed, with Cardano (ADA) and [&hellip;]<\/p>\n","protected":false},"author":70,"featured_media":26675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[7701],"tags":[6602,6536],"class_list":["post-26674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","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\":\"2022-09-19T19:04:28+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,"select_disclaimer":"Article Default Disclaimer","key_takeways":false},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26674","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=26674"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26674\/revisions"}],"predecessor-version":[{"id":26686,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26674\/revisions\/26686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/26675"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=26674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=26674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=26674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}