UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K

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$UNI $MATIC and AAVE booked double-digit gains just a day after a record-high inflation report knocked stocks and Bitcoin price back toward swing lows.

Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index The move higher in the market wasn’t entirely unexpected for seasoned traders who have become familiar with a one to two-day bounce in asset prices

following the most recent CPI prints. These traders also know there’s nothing to get too excited about as the bounces have typically been followed by more downside once people realize that the high inflation print is a negative development.Top 5 coins with the highest 24-hour price change. Source: CoinMarketCap

 

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Matic doing a great job, I trade it on bfx now and get some profit.

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