Coinbase Volume Down 52%, Stars Arena Recoups 90% of Hacked Funds
Oct 12, 2023
Market Update Equity markets are lower following a higher-than-anticipated rise in the US CPI. The S&P lost 0.8%, while the Nasdaq is down 0.5%. Consumer prices in September rose by 3.7% year-over-year, surpassing the predicted 3.6% increase, though core prices saw a 4.1% increase, in line with forecasts. $DXY turned higher to climb above 106, while the 2Y yield gained 1.33% and both the 10Y and 30Y rose by over 3%. CME futures are pricing in a 86% probability that the Fed does not raise rates at its November meeting. This is despite yesterday's September Fed minutes release indicating most m
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