✅ Yesterday's bounce on the back of a good inflation report was completely wiped out today when market realized that the Fed is still hawkish 📉
Day summary:
🔸 SEC chair sees spot Ether ETF S-1 approvals sometime during this summer
🔸 Crypto-friendly FlowBank, has been forced into bankruptcy by FINMA 💀
🔸 The Curvefi founder was liquidated in his CRV position in lending protocols resulting in a big CRV price drop
🔸 Bitcoin mining stocks surged after Donald Trump promised to boost mining operations in the country
🔸 Fed policymakers now believe that one rate cut this year may be more appropriate 🗽
🔸 UwU Lend DeFi lending protocol was hacked again, $3.72m was stolen
#ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024