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Crypto Update | Markets Waver After SEC Sues Binance and Coinbase

Markets Outlook

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The SEC's Actions in the US

London's FTSU 100 was up by a quarter of a point. Germany's DAX was down by a third of a point, and the regional stock 600 was flat. China's Hang is up 3.0% while the Shanghai composite lost a bit over a point. In Japan, the Nika-225 gained more than 3%. Brent Crew, that's the international benchmark for oil, was down just slightly,. holding on to prices just above $75 per barrel. Gold was also lower, trading hands at $1,978 per troy ounce. First Republic, which is of course the indicator of our ongoing monetary policy induced banking crisis of 2023, continued its fall towards zero

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