Over One Billion in Crypto ETP Inflows, Jupiter Airdrop
Jan 16, 2024
Market Update Equities are falling while rates gain after comments from Fed Governor Waller suggested that central bank policy will ease slower than the market is anticipating. The 10-year Treasury yield jumped to 4.07% while the dollar index gained 0.7% to reach 103.4. $BTC is up 1% today, stabilizing at $43k after volatile price action from last week’s spot ETF launches, which saw it rally to $49k only to fall 15% to $42k in the first few trading days. $ETH continues to outperform after gaining 1.4% to reach $2.56k. Notable outperformers in the top 100 today include SportFi L1 $CHZ (+18.2