SEC Reviews Bitcoin ETF Applications, Geist Finance Closes After Multichain Exploit
Jul 18, 2023
Market Update Equities markets open marginally higher after inflation data last week showed a slowdown in price increases, fueling hopes that the Fed can achieve price stability without triggering a recession. $SPX and $QQQ are up 0.2% and 0.4%, respectively, with earnings season to roll through further this week. Despite last week's encouraging developments on the court's ruling against Ripple, the digital asset market has retraced most of its gains since Wednesday. $BTC has since retraced back to $30k and is flat on the day, while $ETH fell back below $2k to $1.91k and is down 0.5% in the