Stripe Advances Crypto Efforts with Avalanche, Friend.Tech Airdrop Set for This Week
Investors will have a lot to digest this week, including various data releases such as consumer confidence, ADP Employment, JOLTS, and non-farm payrolls. Likely more important is the FOMC meeting and Treasury Quarterly Refunding Announcement (QRA), both set for Wednesday. Equities are gaining to start the week with the SPY 0.44% and QQQ -0.11% both up approximately 0.30% as the DXY N/A% (-0.44%) slides after the BOJ intervened to support the Yen against the dollar. Crypto assets are struggling so far today, with BTC -0.12% (-0.51%) briefly falling below $62k before recovering to $62.8k and ETH 2.31% (-2.85%) trading at $3,170 after surpassing $3,350 yesterday. AVAX 2.52% is displaying strength today, rising 3.33% following news of a new partnership with payments giant Stripe.