Flows Turn Positive and Coinbase Premium Returns, PayPal Enables Free International Transfers with PYUSD
Apr 4, 2024
Market Update The trading day began on a positive note, with rates decreasing and risk assets rallying following disinflationary pricing data from the latest ISM services PMI report. However, equity indices relinquished their gains and dipped into the red late in the trading session, influenced by comments from Fed President Neel Kashkari, which implied the Fed was concerned over persistently high inflation. Crypto rallied along with equities in the morning, and has comparatively held up much better than equities. $BTC rebounded from $65k to peak at $69k at one point today. $ETH continued to
