Market dipped over the past 24h, with $BTC nearing the 63k level. As of now, $BTC is trading at $63,339, and $ETH is trading at $2,603.
During his speech at the National Association for Business Economics, Powell stated that the Fed is in no hurry to cut rates quickly, expressing "growing confidence" that inflation is moving toward the central bank's 2% goal. Currently, the market is pricing a 64% chance of a 25bps rate cut.
A few notable headlines include Binance planning to list Eigen Layer, the Korean exchange Bithumb considering an IPO on NASDAQ, and Ethereal Exchange seeking community approval to launch a new spot and perpetual exchange built on USDe.
During the last 24 hours, the top three gainers were $WOO, $PRIME, and $GLM, while the top three losers were $DOG, $GMT, and $DOGS.
