CRV Surges Following Paxos Drama; Polygon zkEVM Launches in March
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Daily Top Mover — Curve DAO (CRV)
U.S. equities had mixed performance overnight as January’s CPI reading exceeded the market’s expectations, whereas a broader basket of common goods and services saw an uptick in inflationary pressures. Meanwhile, the broader cryptocurrency market rebounded as the community took a breather from the Paxos drama, with Bitcoin and Ether up by 1.70% and 2.99%, respectively, in the past 24 hours as of the time of writing. The top mover for today, CRV, registered an increase of 21% from Tuesday’s low, outperforming the broader market due to anticipation of crvUSD and favorable sentiment toward decentralized stablecoin.