Alpha
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Two weeks ago, I mentioned that US2Y was trading around its all-time high and speculated that a bounce back in rates could benefit the crypto market | BTC. Currently, US2Y is down by 23% while BTC is up by 22%
2 wallets Deposited 60 million $MATIC (about 70.72 million USD) to Binance.. details below
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BTC during last month CPI | 900 Points move or 4+%
U.S. regional bank stocks rose strongly before the market, First Republic Bank rose more than 50%
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Spot palladium broke through $1,500 per ounce | Markets expecting 25bps or no Hike. up
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The odds for a 50bps next week are currently 0%.
Note; that this data has been changing very quickly lately due to banks/fed issues. will update if there are any changes
U.S. Democratic Senator Brown: Hope the Fed will pause interest rate hikes next week.