Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade

Bullish-39.25%
18 Sep, 10:33
Source: CoinDesk

AI Summary

Starknet and Arbitrum surged over 17% as fears of a Federal Reserve rate hike receded, driving a broad rally across Layer-2 and DeFi tokens.

Starknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.