Crypto market held steady compared to the US equities market, which experienced its worst day since March 2020. As of now, $BTC is trading at $83,159 and $ETH is trading at $1,816. Bitcoin dominance stands at 62.81%.
Around $2T was erased from the US stock market yesterday. The S&P 500 ended -4.84%, and the NASDAQ was down -5.97%. According to FedWatch, the market is now pricing in an 82% chance of at least one rate cut at the June FOMC.
A few other headlines include: Justin Sun held a press conference on the First Digital Trust fraud, Babylon has announced the tokenomics of its BABY token, and the SEC has acknowledged the filing for a spot Solana ETF by Fidelity.
Over the past 24 hours, the top three gainers were $SAROS, $W, and $RSR, while the top three losers were $PI, $CHEEMS, and $TON.
