@lacola
Market Update - Friday, February 13
- Gold, U.S. stocks, and cryptocurrencies are all declining. Bitcoin has dropped to $66,000, and altcoins are struggling to recover.
- At 8:30 PM EST, the U.S. will release January CPI inflation data:
- Year-over-year CPI inflation (Forecast = 2.4%, Previous = 2.7%)
- Year-over-year Core CPI inflation (Forecast = 2.5%, Previous = 2.6%)
ETF Spot Update for February 12: No data available.
- The Federal Reserve proposes categorizing cryptocurrencies as a separate asset class for derivatives trading, citing high volatility and the need for increased margin requirements.
- The CFTC has established an Innovation Advisory Council focused on AI and blockchain, featuring leaders from Solana, Ripple, Coinbase, and Polymarket.
0 reply
0 recast
0 reaction