Crypto Markets Recover and Binance Cancels Voyager Deal
Apr 26, 2023
Crypto markets bounced back sharply today, with BTC up 5.42% and ETH up 4.85%. Altcoins such as ARB -0.08% and INJ had huge recoveries, up 15.0% and 28.9% from their lows yesterday. The biggest winner on this bounce has been RNDR, up 40% from its lows yesterday and putting in new highs for 2023. Crypto’s rally comes just after First Republic Bank shares hit record lows after depositors withdrew $100b. Traditional markets are up slightly today, SPX has risen 0.07%, and NDQ is up 1.11%. The US dollar has continued its move lower, falling 0.45%.
