GBTC Discount Narrows, Uniswap Turns on Fee Switch for Equity Holders
Oct 17, 2023
Market Update Retail sales outperformed expectations, registering a 0.7% increase compared to the projected 0.3%. This briefly caused yields to soar before partially retracing. Concurrently, the DXY turned negative for the day, while Fed funds futures remained relatively stable, awaiting the next meeting. In crypto, $BTC regained its 200-day moving average, stabilizing around $28.5K after a short-lived rally past $30K. Most altcoins trailed behind Bitcoin, except for Solana ($SOL), which is nearing $24. The $ETH / BTC pair is approaching its 200-week moving average, a development that could a