Blur Enforces Royalties for Opensea Boycotters, ZkSync Launches zkSync Era Testing
Feb 16, 2023
Market Update Digital asset markets have continued to decouple from legacy markets since Tuesday. $BTC (+2.6%) briefly spiked above $25k this morning before retracing right below, while $ETH (+2.5%) broke $1.7k and is holding above the level at the time of writing. On the other hand, $SPX (-0.4%) and $QQQ (-0.4%) opened lower before trading upwards. Markets were spooked by signs of persistent inflation following a higher annual PPI print of 6.0%, perhaps an indication that the Fed will need to keep rates higher for longer to tame inflation. $ACS and $FLOKI has been the top gainers over the pa