Marathon Announces Strong Earnings and Bitcoin L2, Gemini Comes to Settlement Agreement
Feb 29, 2024
Market Update The January PCE report this morning was largely in line with expectations, alleviating fears of a reacceleration of inflation. U.S. equities responded positively to the data, with SPY gaining 0.17% and the QQQ rising 0.42%. Crypto markets are mixed, with $BTC declining 0.78% to $62k and $ETH rising 1.45%. Yesterday marked the largest day of net inflows into Bitcoin ETFs since the launch, totaling $673 million and bringing cumulative AUM to an impressive $7.4 billion. Altcoins are seeing some buying pressure as $BTC.D (-1.41%) is retreating. $SOL and $BONK are two of the stronges
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