MakerDAO Lowers Fees, Raises Debt Ceiling, Expands DAI Liquidity, and Launches Ethena Stablecoin Markets

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Daily Top Performer — Jito (JTO)

Last Friday, the February PCE price index indicated a slight inflation deceleration. Following the data release, Federal Reserve Chair Jerome Powell emphasised the central bank's cautious approach towards interest rate cuts, as the inflation print aligns with the central bank’s expectation. The broader cryptocurrency market was up, with Bitcoin and Ether rising by 1.18% and 2.18% in the past 24 hours.

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