Japan Announces CBDC Program, Platypus Finance Loses $8.5 Million
Feb 17, 2023
Market Update 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 (-0.91%) is holding above $400 while the $QQQ (-1.54%) has fallen just below $300. After a violent dump leading into yesterday’s close, $BTC (+3.52%) and $ETH (+3.49%) have rallied back to $24.3k and $1.69k, respectively. Liquid staking derivatives (LSDs) are outperforming today with $LDO (+15.7%), $RPL (+13.6%), and $FXS (+10.1%) all boasting double digit gains. Although alt-coins have shown impressive returns as