Crypto markets bounce back, with Bitcoin +9.3% to $21,100 on $37B of turnover and Ethereum +4.9% to $1723 on $19B. Basically, markets are front-running the expected rate cuts in 2023 (yes, based on analysts looking into June 2023 lol) and leveraged positions were squeezed causing crypto spot to rally. Meanwhile, the energy crisis in Europe hasn’t changed. DXY releases some pressure in FX markets and has dropped back to 109.
NFT volumes were $18M in total, with EVM-NFTs at $12M and Solana-NFTs at $5M. Otherdeed + BAYC take the top two spots with $3.5M in total, and Sorare in third with $1.3M. ENS back in the race with close to $1M in volumes. ABC + y00ts (Solana projects) were a combined $1.5M in traded value
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