Crypto markets have come roaring back overnight after an intraday reversal of TradFi following the CPI print. Bitcoin is up a whopping +6% to $19.7k on $43B of turnover, while Ethereum is up an even more impressive +8% to $1330 on $16B of volume. There are a couple of headlines for web3 fund raises — Uniswap raised $165M in the latest round, and Binance has scrapped together their shekels in the amount of $500M to extend loans to miners.
NFT volumes are back above $10M to ~$13M, with ETH-NFTs at $11M and Solana-NFTs at $1.3M. Sorare takes the top spot with $1.3M in turnover as we get closer to the Worldcup starting. BAYC + MAYC are collective $2M, with 43 transactions on MAYC as activity picks up after the SEC investigations on Yuga Labs — Apecoin is back to $4.65, struggling to come back to the $5 mark.
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