Hong-Kong Continues Crypto Hub Agenda, OKX to Return $157 Million to FTX Bankruptcy Estate
Mar 30, 2023
Market Update Traditional markets are rallying today amid easing bank concerns and speculation that the Fed may be done raising interest rates. The $SPX has risen 0.25%, while the $NDQ is up 0.52% at the time of writing. The Fed’s preferred inflation metric, the PCE index, will be released tomorrow morning and should fuel further speculation on whether or not any further rate hikes remain in 2023. Crypto markets are trailing equities, with $BTC (-1.79%) breaking below $28k and $ETH (-1.25%) hovering around $1770. Decentralized exchange Trader Joe ($JOE) has shown impressive gains in March