Fourth Straight Week of Crypto ETP Inflows, Coinbase vs. SEC
Oct 23, 2023
Market Update Equities have seen a modest increase, while $BTC has risen by 5% since the close of the market last Friday, reaching $31.1k amid escalating interest rates and ongoing geopolitical instability. U.S 10-year yields spiked to the highest level in sixteen years this morning, briefly rising above 5% before retracing to 4.85% at writing. Investor attention this week will be on numerous crucial central bank meetings and economic data unveilings. These include the Bank of Canada's assembly on Wednesday, the European Central Bank's meeting, and the disclosure of the U.S third-quarter GDP