Good morning. Here’s what’s happening:
Prices: Crypto Markets are undecided on CPI. Watch out for AI meme tokens.
Insights: Are Ordinals driving up the price of bitcoin? Probably not. But here’s one important metric to watch.
Prices
CoinDesk Market Index (CMI)
1,051
+22.5 ▲ 2.2%
Bitcoin (BTC)
$22,149
+382.1 ▲ 1.8%
Ethereum (ETH)
$1,550
+44.8 ▲ 3.0%
S&P 500
4,136.13
−1.2 ▼ 0.0%
Gold
$1,866
+13.6 ▲ 0.7%
Nikkei 225
27,602.77
+175.5 ▲ 0.6%
BTC/ETH prices per CoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)
