The crypto market sold off as the broader risk asset sold off with NASDAQ down 1.89% and S&P500 down 1.11%. As of now, $BTC is trading at $96,929 and $ETH is trading at $3,380. Bitcoin dominance stands at 58.01%.
ISM data yesterday showed faster-than-expected growth, which fueled concerns about stickier inflation. Bond yields rose on the data, and the 10y Treasury recorded its highest level since April.
Few headlines include, Backpack acquires FTX EU, Canadian company Sol Strategies announced a CAD 25 million unsecured revolving credit facility to invest in the Solana ecosystem, and Binance lists $COOKIE, $ALCH, and $SWARMS futures.
Over the past 24 hours, the top gainers were $AKUMA, $BGB, and $SWARMS, while the top losers were $POPCAT, $PNUT, and $ORDI.
