With all eyes on US CPI Data and Fed interest rate decision today, the crypto market has already taken a beating, with Bitcoin holding fort at $66k. With the market expecting no rate cuts in the US, any sign of a rate cut could drive the market to bullish territories yet again.
In altcoin news, the Polygon community treasury has promised 1 billion tokens over the next 10 years for incentivizing builders to build on top of the Polygon blockchain with season 1 consisting of distributing around 22 million dollars for the same. With MATIC underperforming against other crypto assets, this could give the project a much-needed boost.
On the other hand, the much-awaited ZK-Sync airdrop is finally announced as the ZK-Sync tokens will be airdropped to more than 700,000 addresses after strict evaluation criteria.
