Jupiter Announces Airdrop Details, Hashdex Bitcoin ETF Delayed
Nov 16, 2023
Market Update Equity indices are flat on the day after weekly jobless claims reached a two-year high and exceeded expectations (231k act. vs 220k exp). Treasury yields are falling following the data release, and markets are now pricing in a 49% chance of a May 2024 rate cut. Crypto markets are retracing some of yesterday’s gains, with $BTC (-4.22%) trading at $36.3k and $ETH (-3.10%) trading slightly below $2k. ETH/BTC is showing modest gains today, rising 1.12%, despite BlackRock officially filing an S-1 for a spot Ether ETF. AI-related tokens have been the strongest performers this week