4 (4) 24-hour fall 3.86%

Gate News Bot message, on October 23, according to CoinMarketCap, as of the time of writing, 4 (4) is currently reported at 0.09 USD, down 3.86% in the last 24 hours, with a high of 0.20 USD and a low of 0.08 USD. The current market capitalization is approximately 939,000 USD, a decrease of nearly 3,773,300 USD compared to yesterday.

4 Recent Important News:

1️⃣ US inflation data raises market concerns The CPI data for the US in September is expected to show a growth rate similar to that of August, with both overall and core CPI year-on-year possibly close to 3.0%, one percentage point higher than the Federal Reserve's target of 2.0%. The direction of changes in inflation levels may cause more concern for the Federal Reserve, making it difficult to reach the target level in the short term, which could impact the overall sentiment in the cryptocurrency market.

2️⃣ Institutional investors show interest in the Solana ecosystem Citadel founder Ken Griffin disclosed holding approximately 4.5% of DeFi Development Corp. (DFDV), which focuses on increasing its stake in Solana (SOL). This move indicates that large institutional investors are paying attention to the cryptocurrency market, particularly the Solana ecosystem, which may indirectly affect the market performance of other crypto assets.

3️⃣ Overall Volatility of the Cryptocurrency Market Recently, several cryptocurrencies have experienced varying degrees of price fluctuations. For example, OSHI (Oshi Token) has risen by 4.32% in the last 24 hours, while CFX (Conflux) has fallen by 4.55% in the last 24 hours. This market volatility may affect investors' risk preference for low market capitalization tokens, thereby influencing trading activities and price performance.

From a technical perspective, the price of 4 has seen a significant fall of 3.86% in the past 24 hours. The current trading price fluctuates between $0.08 and $0.20, indicating a high level of uncertainty in the market. Investors should closely monitor the overall trends in the cryptocurrency market and changes in macroeconomic data to assess potential investment risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.