BTC Finds Support, LDO Breaking Out
Reports you haven't read
Bitcoin experienced yet another weekend rally, breaking above $42,000 for the first time since the Terra unwind in April 2022. BTC 1.37% has since retraced slightly, stabilizing around the $41.5k mark. A major beneficiary of the rally was STX 7.28% , the Bitcoin layer 2 token we pinpointed as a buy in our recent strategy note. The token has rallied impressively, marking an approximate 25% increase today and a 50% bump since the...
U.S. equities are cooling following a strong upward surprise in Chicago PMI data (55.8 act. vs. 45.4 exp), marking one of the largest beats in the data seriesâ history. The SPY has fallen 0.13%, while the QQQ has dropped 0.75%. Crypto markets are mixed, with ETH -0.25% (+0.49%) gaining on the day while BTC 1.37% (-0.31%) is showing mild losses. UNIBOT is one of the top performers this week, rising 66% so far,...
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