Binance's U.S Based "VIPs", Tether Market Cap Nears All-time High
Apr 6, 2023
Market Update Crypto and Equities are up today, with the S&P gaining 0.30% while $BTC was up 0.5% as investors assess weak job market data releases. Investors had reacted positively to poor economic data in anticipation that the Fed could pause ongoing rate hikes but attention is shifting to whether the Fed has induced a potential recession. Despite a short trading week for stocks, all eyes will be on the Labor Department's March jobs report coming out tomorrow, which will show the economy's resiliency and whether a soft or hard landing is developing on the back of the Fed's rate hikes. $ETH