[ad_1]
The yield on 2-year U.S. Government Bonds moved higher by 25 bps in the last two trading sessions and is looking to break out to the upside.
Upcoming events this week:
– Wed → House hearing on bank failures
– Thu → US 4Q GDP
– Fri → Core PCE
Bitcoin enjoyed a nice pop as it traded from $26,850 to $28,600 in the span of 24 hours. Around $130M was liquidated as a result. $BTC funding rates have remained pretty stable as the market shakes off the recent CFTC crackdown and is expecting a Fed pivot later this year.
The Algorand Foundation launched a toolkit called “AlgoKit” to help Web2 developers transition to Web3. $ALGO is about to breakout from its symmetrical triangle pattern. The RSI broke above its declining trend line for 2023. Above $0.245, prices are trending towards $0.30.
Secure Digital Markets (SDM) is a digital asset brokerage operating on a global scale providing OTC cryptocurrency spot trading and crypto-backed lending services to institutional, high net-worth, and corporate clients across 60+ international markets. We offer a custom pathway to digital asset liquidity and off-exchange transactions. SDM streamlines the acquisition, storage, and liquidation of digital assets in a secure and compliant manner.
Our clients use our services to unlock liquidity and take advantage of current opportunities in the market. Visit our website today to learn more about our services and how SDM can help you to maximize your digital assets.
New to trading? Try crypto trading bots or copy trading on best crypto exchanges
Join Coinmonks Telegram Channel and Youtube Channel get daily Crypto News
[ad_2]
Source link