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Markets Await Fed Decision, ARB Airdrop

Mar 20, 2023

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Traditional markets are stumbling today as the National Bank of Canada unexpectedly raised interest rates by 25 bps, sparking fears that the U.S. will potentially follow suit. The SPX (-0.31%) failed to break through $4,300, while the NDQ (-1.36%) has taken a pause on its recent outperformance. Crypto markets are still digesting the repercussions of the SEC lawsuits against Binance and Coinbase, with BTC -1.85%  (-3.15%) trading around $26.3k and ETH -2.19% ...