Binance Adds Support for Ordinals NFTs, Goldman Sachs Crypto Survey Reveals Mixed Results
May 10, 2023
Market Update Equity markets slid lower today as investors await CPI data tomorrow and discussion over the debt ceiling later today. $SPX and $QQQ are trading at -0.4% and -0.6% relative to yesterday's close after opening lower, whilst $DXY and $US10Y are up by 0.3% and 0.4% on the day. Digital asset markets are also following suit, with $BTC and $ETH sliding by 1.5% and 1.0% over the past day. Many have pointed to the surge of memecoins like $PEPE and $ORDI to indicate market frothiness, perhaps signaling that a correction is overdue. Over the past day, $BSV has appreciated by 26% despite t