Uniswap Plans v4 Launch for Q3, Justin Sun Plans to Launch Bitcoin L2

Market Update Markets are reacting to this morning’s January PPI data coming in higher than expectations. The report showed a MoM increase of 0.3% vs. 0.1% expected, and core PPI rising 0.5% vs 0.1% expected. In conjunction with a similarly hot CPI report this week, the data has shifted market expectations of the Fed’s first rate cut to June. U.S. equities are declining following the data release, with the SPY, QQQ, and IWM losing 0.22%, 0.56%, and 1.05%, respectively. $BTC (-0.21%) is showing losses in line with equities while $ETH (-1.77%) and altcoins are showing more significant decli