Flows Data Remains Positive, TRX Finding Technical Support
Nov 27, 2023
Market Update Equities, initially in the red, have rallied with the QQQ up by around 20 basis points and the SPX nearing breakeven. The DXY is trending downwards, aiming for its lowest close since August amid another day of lower rates, which is easing the burden on crypto-related equities like COIN, now trading around $120 and nearing another year-to-date high. The recent Binance crackdown also benefits Coinbase, potentially boosting its market share abroad. Meanwhile, $BTC is slightly lower but holding strong support at $37k, as $ETH defends the $2k level. Most altcoins are seeing some prof