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Bitcoin (BTC -0.02% ) and the broader crypto market are staging a recovery after a week of bearish price action, with altcoins facing particularly excessive pressure. Bitcoin has successfully bounced off its key 200-week moving average around $25,800 and is now hovering around $27,400. Ethereum (ETH 0.13% ), meanwhile, remains stable above the $1,820 level. Notable standout performers include altcoin LDO, up 12% on the day, potentially driven by improved withdrawal capabilities and short...

Crypto and Equities are rising, with the S&P up 1.07% while BTC -0.02%  gained 3.82% over the last day. No news is good news as investors regain comfort that the financial sector has stabilized each day that passes without another crisis. Core PCE inflation is scheduled to be released this Friday. Known as the Fed’s preferred measure of inflation, it could either strengthen or weaken the market’s conviction that the Fed...

Traditional indices have continued their fall this week, with the SPX (-0.33%) falling below $3,980 and the NDQ (-0.25%) trading just above $12,000. Initial jobless claims came in slightly lower than expected as the market continues to look for signs that the Fed’s hiking cycle is affecting the labor market. Tomorrow at 8:30 AM, the latest PCE data will be released, giving investors more insight into inflation trends. Crypto markets...

Traditional indices are extending yesterday’s fall on the back of higher terminal rate expectations after a couple of hot economic data points this week. The SPY 0.00%  (-0.91%) is holding above $400 while the QQQ (-1.54%) has fallen just below $300. After a violent dump leading into yesterday’s close, BTC -0.02%  (+3.52%) and ETH 0.13%  (+3.49%) have rallied back to $24.3k and $1.69k, respectively. Liquid staking derivatives (LSDs) are outperforming today with LDO...