POKKET: Today’s Market Commentary (March 2)

Bitcoin & ETH are bouncing higher, both +10% as BTC is just shy of $50k, ETH at $1550. Movers are TRU +26%, SUSHI +22%, COMP +21%, DODO +20%, and the rest of the Pokket universe up. DeFi TVL sits at $38.4B.

TradFi continues to ‘how do you do, fellow kids?’ as the latest is Goldman declaring they are returning to BTC futures trading from this month. Another is a Fidelity director going on twitter saying Bitcoin could be treated as a form of digital gold and made a 12-page blog po.. I mean report saying more of the same. Visa also joining, saying 25% of Latin Americans want to pay with crypto.

Outside of boomer news, Grimes sold her NFT art for a cool $6M.

Cardano finally went through its hard-fork becoming a multi-asset blockchain; ADA is up 3x’s in Feb.

Check out today’s interest rates at POKKET.


Like POKKET’s market commentary? 
Follow us on Twitter to get the latest news,
or email us your thoughts.