Solana ETP Flows Jump, ETH Supply Inflation
Equities are flat as investors digest the Israel-Hamas conflict that erupted over the weekend. Oil prices gained 4.5% while Bond markets are closed for the holiday. Beyond the geopolitical uncertainty investors will be looking to releases on inflation data from PPI and CPI, in addition to FOMC minutes later this week. BTC is trading at $27.5k after retracing from $28k, where confluence of both the 200 day and weekly MAs have continued to hold as resistance. ETH is trading at $1.58k, extending its underperformance against BTC as ETHBTC reached new yearly lows of 0.0572. DYDX is the only token among the top 100 moving higher today, gaining 2.6% likely in anticipation of its appchain launch, which could potentially revamp tokenomics for the decentralized derivatives project.
Articles Read 1/2
Enjoyed the read? Subscribe now for unlimited access!
Get invaluable analysis of the market and stocks. Cancel at any time.
Already have an account? Sign In aaac42-4130f8-2e5523-d67065-c327f5
Already have an account? Sign In aaac42-4130f8-2e5523-d67065-c327f5