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U.S. equities fell yesterday as interest rates went up by 25 bps, and Fed Chair Powell said interest rates will not be cut while inflation remains high. Despite the continued fall in equities, the broader cryptocurrency market went up again, with Bitcoin and Ether rising 1.2% and 1.68%, respectively, in the past 24 hours.
The outperformer for today is CRV, which surged 7.16% in the past 24 hours due to the mainnet launch of their new stablecoin, crvUSD.