Jito Debuts at $1.9 Billion, Robinhood Launches EU Bitcoin Rewards
Equities are attempting to break a three-day losing streak, with the S&P rising 0.7% and the Nasdaq up 1.5% ahead of tomorrowâs jobs report. Economists polled by Dow Jones expect 190k additional jobs added in November, an increase from the prior month. Investors are eagerly awaiting indications that the labor market is settling down, which could reassure the Federal Reserve to stop increasing interest rates. BTC is beginning to show the first signs of waning near-term momentum, falling 1.1% to $43.4k. ETHBTC has bounced strongly off support at 0.05, rising 5.4%. ETH is trading at $2.3k at writing. There has been strong performance from top ETH adjacent protocols, which tend to trade with a high beta to ETH. Top L2 tokens OP -1.72% and ARB -0.07% gained 24% and 11%, respectively, while leading liquid staking token LDO is up 10%.
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