Baby Moon Floki
$FLOKI

2 Results

Stocks and crypto are rising today as regional bank shares stabilize. BTC -2.15%  is up 2.0%, and the S&P gained 1.3% after Apple’s beat on earnings and improved sentiment on regional bank stocks. A note from JP Morgan upgraded Western Alliance, Zions Bancorp, and Comerica to overweight, stating all three looked “substantially mispriced.” Regional banking ETF, KRE, is up 4.66% at writing. Among the largest 100 cryptos, the top performers were...

Digital asset markets have continued to decouple from legacy markets since Tuesday. BTC -2.15%  (+2.6%) briefly spiked above $25k this morning before retracing right below, while ETH -0.58%  (+2.5%) broke $1.7k and is holding above the level at the time of writing. On the other hand, SPX (-0.4%) and QQQ (-0.4%) opened lower before trading upwards. Markets were spooked by signs of persistent inflation following a higher annual PPI print of 6.0%,...