Coinbase Announces an L2, Binance Australia Traders' Positions Closed
Feb 23, 2023
Market Update 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 are mixed, with $BTC falling 1.61% while $ETH is up 0.11%. The divergence may be attributed to Coinbase announcing its Ethereum layer-2 solution