BlackRock Applies for BTC ETF, Curve Loan Poses Risk
Jun 15, 2023
Market Update Crypto markets have fallen sharply, with $BTC down 3.8% while $ETH is down 5.7% over the last day. Equities are rebounding today after the Fed sent mixed signals for the interest rate outlook, keeping rates unchanged for the first time since they began hiking while signaling the possibility of future hikes. The S&P continues to push 1.06% higher, and the Nasdaq is up 1.05%. Crypto initially followed equities lower yesterday, with the sell-off accelerating around 4 pm EST and no clear crypto-specific catalysts other than $100m in liquidations in the span of an hour. On top of unc