POKKET: Today’s Market Commentary (December 20)

One Bitcoin buys you 24,000 fedcoins. BTC +4%, ETH +2%, now $666. Bitcoin transaction cost now average $12, still laughably lower than what banks charge you to send fedcoin cross-border.

DeFi volume has picked up to $16.8B, with the top 3 protocols collecting nearly $8B of this amount. BVOL still elevated at 80v. Movers are ADX +18%, EVX +15%, TNT +12%, CHZ +11%, BQX -12%.

Given the Fed has relaxed restrictions on bank buybacks, euphoria expected come Monday. In bizarre and sad news, Ray Dalio’s son perished when his Audi crashed into a Verizon store.

Check out today’s interest rates at POKKET.

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