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Crypto Markets Move Higher, Bitcoin at $19.3K, Bitcoin Cash at $1.3k

Daily Market Update 10/24: BTC is currently trading around 19.3k and ETH around 1.3k. Notable gainers in the last 24 hours are KLAY, TKX, and LDO

Crypto markets are moving higher, while global equities & bonds are mixed. European equities & certain U.S. markets are up, but riskier sections of the market, like the NASDAQ, are down over 1%

Elsewhere, U.K. gilts rallied in response to @RishiSunak being named new PM. In currency markets, Japanese authorities executed a second market intervention in the past month to prop up the weakening Yen. 👀 Big week for corp earnings – @Apple @Google @amazon & @Microsoft

Proposal recommending a suite of light-touch regulations for DeFi received industry praises in the EU; @zksync said token details will be unveiled in early Nov; @AptosFoundation surged more than 30% following a wave of liquidations; hacker returned 300k from @OlympusDAO exploit

For other notable news of the day, check out the full crypto market commentary here:

Daily Market Update: Oct 24, 2022 - GSR MarketsDaily Market Update: Oct 24, 2022 - GSR Markets
This post is based on this twitter thread.

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