The market continues to slide, with $BTC briefly breaking the 60k mark in Binance futures. As of now, $BTC is trading at $60,645, down 0.3%, and $ETH is trading at $2,365, down 3.4%.
The ADP employment number was released yesterday, coming in better than expected at 143,000 (vs. the expected 128,000). The market is currently pricing a 6.5:3.5 ratio for a 50bps vs. 25bps rate cut.
A few notable headlines include the FTX estate preparing to sell $38 million of locked Worldcoin tokens at a discount, EigenLayer's token launch facing scrutiny over supply concerns, and the SEC appealing the Ripple case ruling, citing a conflict with Supreme Court precedent.
During the last 24 hours, the top three gainers were $FLR, $W, and $CFX, while the top three losers were $EIGEN, $XRP, and $MOG.
