Ordinal Hype on Bitcoin Spur STX; Flashbots Proposes New Software to Benefit Users

Daily Hot Token — Stacks (STX)

U.S. equity was mixed overnight following the release of the Fed’s February meeting minutes. However, the minutes have not yet factored into higher than expected CPI print released last week. Meanwhile, the broader cryptocurrency rebounded, with Bitcoin and Ether up by 1.08% and 2.17% respectively in the past 24 hours as of the time of writing. The hot token today is STX, which registered a 24-hour return of 24.18%, outperforming the market due to Ordinal inscription hype on the Bitcoin network.