Crypto

OIL:  BRENT - 85.14-3.60 WTI - 79.74-1.45
COMEX:  GOLD - 1668.30-0.11 SILVER - 19.02+1.12
COMEX:  PLATINUM - 857.40-0.53
LME:  ALUMINIUM - 2162.00-1.59 COPPER - 7560.00+0.24
LME:  NICKEL - 21107.00-5.55 TIN - 20634.00+0.54
LME:  LEAD - 1908.00+1.71 ZINC - 2968.00+1.31
FOREX:  USD/JPY - 144.75+0.04 EUR/GBP - 0.9799+0.01
FOREX:  EUR/USD - 0.9799+0.01 GBP/USD - 1.116+0.65
STOCKS RUS:  RTSI - 1055.72-1.54
STOCKS US: DOW JONES - 28725.51-1.71 NASDAQ - 10575.62-1.51
STOCKS US: S&P 500 - 3585.62-1.51
STOCKS JAPAN:  NIKKEI - 25937.21-1.83 TOPIX - 1835.94-1.76
STOCKS CHINA:  HANG SENG - 17222.83+0.33 SSEC - 3024.39-0.55
STOCKS EUR:  FTSE100 - 6893.81+0.18 CAC40 - 5762.34+1.51
STOCKS EUR:  DAX - 12114.36+1.16
30/09/2022  CBA:  USD - 405.65-0.28 GBP - 448.93+9.35
30/09/2022  CBA:  EURO - 396.08+1.84
30/09/2022  CBA:  GOLD - 21581.82+19.69 SILVER - 243.49+5.24
October, 2022
October 2022
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31  
Bybit: Crypto Market Rallies on Favorable CPI Readings, Ethereum Final Test Merge Goes Live
11/08/2022 20:53

Bybit: Crypto Market Rallies on Favorable CPI Readings, Ethereum Final Test Merge Goes Live

Chart of the Day 

The broader crypto market rallied immediately after the release of the July inflation readings, which signals a step closer to the return of liquidity to the market. As of the time of writing, BTC has surpassed the $24k handle after posting a 6% increase in the last 24 hours. The favorable CPI readings have fueled a breakout above a key bearish trend line with resistance near the $23.5k zone on BTC’s daily chart. The largest cryptocurrency by market cap is eyeing an overhead resistance level at $24.5k. Alternatively, it may move down to test previous support zones in the $23.5k to $24k range. In the derivatives market, shorts are squeezed, but the magnitude is nowhere comparable to the massive liquidation events in June. BTC options IV saw a slight uptick but remained generally stable, indicating minimal impact from the easing of inflationary pressure. Bybit reports.

ETH is fast approaching the $2,000 mark after surging 12% in the last 24 hours. The second largest cryptocurrency by market cap is facing major resistance near the $1,950 level. If the bulls remain active, ETH could be eyeing the $2,120 resistance zone in the near future. Many digital assets that are tied to the Ethereum ecosystem have gained more traction during this period. For one,  L2 scaling solution Optimism has been riding the Merge-inspired rally, with its TVL skyrocketing by a whopping 240% within a month. A visualization of the evolution of top ETH gas guzzlers since 2018 may point to protocols and coins that stand to benefit from the current rally. Meanwhile, major altcoins are in the green, with SOL and UNI leading the pack on double-digit percentage gains.

Talk of the Town 

Bybit: Crypto Market Rallies on Favorable CPI Readings, Ethereum Final Test Merge Goes Live 1

The third and final test merge on the Goerli testnet has been finalized, marking the completion of all dress rehearsals before the eventual mainnet Merge, which is scheduled in September. While the Goerli merge has been executed, the success of The Merge, especially the test of smart contract interactions, will be determined after a comprehensive evaluation of the upgraded network.

Crypto & blockchain articles are created with the support of ByBit – leading crypto platform.

Bybit

Ucom - high speed internet connection starting at AMD 6,500
AMD Rates
10:30 01/10 Buy Sell
AMD / USD 403.00 407.00
AMD / EUR 395.00 401.50
AMD / RUR 6.75 7.20
dollars
dollars
CBA Rates
30/09/2022
USD / AMD
405.65
-0.28%
EUR / AMD
396.08
+1.84%
RUR / AMD
7.57
+0.45%
GBP / AMD
448.93
+9.35%
Cryptocurrencies
10:30 01/10
BTC/AMD
7,834,055
-0.84%
BTC/USD
19312.35
-0.77%
ETH/USD
1328.10
-0.30%
BCH/USD
119.15
+1.99%
XRP/USD
0.474458
-2.85%
LTC/USD
53.31
-0.95%
BNB/USD
282.55
-0.42%
DOGE/USD
0.061261
+0.99%
ETH/BTC
0.068764475
+0.45%
BCH/BTC
0.006169076
+2.76%
XRP/BTC
0.000024566
-2.11%
LTC/BTC
0.002760223
-0.19%
BNB/BTC
0.014629705
+0.34%
DOGE/BTC
0.000003172
+1.76%
CBA Metals
30/09/2022
dram / gram
Gold
21581.82
+19.69%
Silver
243.49
+5.24%
FOREX
09:55 01/10
EUR/USD
0.9799
+0.01%
GBP/USD
1.116
+0.65%
USD/JPY
144.75
+0.04%
EUR/GBP
0.8777
-0.67%
Oil
09:55 01/10
$ / barrel
Brent
85.14
-3.60%
Light Sweet
79.74
-1.45%
COMEX
09:55 01/10
$ / tr. oz
Gold
1668.30
-0.11%
Silver
19.02
+1.12%
Platinum
857.40
-0.53%
LME / 3M
09:55 01/10
$ / tonne
Aluminium
2162.00
-1.59%
Copper
7560.00
+0.24%
Nickel
21107.00
-5.55%
Tin
20634.00
+0.54%
Lead
1908.00
+1.71%
Zinc
2968.00
+1.31%
Molybdenum
40498.87
-0.60%
Cobalt
51955.00
+0.00%
Indexes
09:55 01/10
point
Dow Jones
28725.51
-1.71%
S&P 500
3585.62
-1.51%
NASDAQ
10575.62
-1.51%
FTSE
6893.81
+0.18%
CAC 40
5762.34
+1.51%
DAX
12114.36
+1.16%
RTSI
1055.72
-1.54%
Nikkei
25937.21
-1.83%
Topix
1835.94
-1.76%
Hang Seng
17222.83
+0.33%
SSEC
3024.39
-0.55%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.25
+0.00%
Lombard Repo
Lombard Repo Rate
10.75
+0.00%
Deposit
Deposit Rate
7.75
+0.00%
Macroeconomy
07/2022
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,409.8
+7.0%
Export 1
Export
2,358.9
+43.9%
Import 1
Import
3,998.8
+50.1%
CPI
Consumer price index
+8.30
Avg. Salary 2
Average salary
221,683
+12.0%
Services 3
Volume of services
1,362.7
+27.50%
Construction 3
Volume of construction
190,55
+13.60%
1 - mln AMD, 2 - AMD, 3 - bln AMD