First Republic Bank suspended trading, opened down 67%, the largest drop on record

Currently, 19 banks are being halted from trading on Nasdaq.
Unlike Bitcoin, which cannot be halted

BITMEX Engine Suspension - All trading halted / Cancel Only mode

https://status.bitmex.com/incidents/yxq42jd155lw

defi (top performer)

Banks are down/halted; while crypto is up/live 24/7..

This is precisely why Bitcoin was built

45m BTC shorts liquidations in last few hours.. (Highest since feb15)

Decentralized stable coin narrative performing atm;

Smart money accumulation in last1/hour sorted and Filtered for Smart dex only..

A whale address deposited 5,000 BTC to Binance

15k in total to > Binance

markets now pricing 14bps (latest/updated) for the march fomc

vs last week, after Powell...

The expectation is evenly split, with the CPI tomorrow it will probably decide whether to go for a 25bps or 0..

CPI estimates from banks

median; 6%
expected: 6.0%

us2y | down 23%

Two weeks ago, I mentioned that US2Y was trading around its all-time high and speculated that a bounce back in rates could benefit the crypto market | BTC. Currently, US2Y is down by 23% while BTC is up by 22%

2 wallets Deposited 60 million $MATIC (about 70.72 million USD) to Binance.. details below

30million clip > tx
30million clip > tx

likely made by investors who had been holding CLIPS for a year..

exchange outflows ($MATIC)

CPI numbers in around 2:30 hours

will send fastest alert as always

Buckle up!