Genesis Capital's Muddy Bankruptcy Proceedings, Speculation Around Binance's Future Successor
Jun 5, 2023
Market Update Global markets find their footing after last Friday's rally originating from a hot May jobs report. With the debt ceiling resolved and earnings seasons concluding, investors are honing in on the Fed's meeting next week for guidance on what's next. $SPX opened higher before retracing back to even, $QQQ displayed a similar pattern and is up 0.3%, while $NDAQ is trading at a 0.6% relative to Friday's close. Digital asset markets have performed less favorably than traditional markets, with $BTC and $ETH changing hands at a 1.7% and 2.0% discount relative to the past 24 hours. BTC's