Good morning. This is what is happening:

Prices: Bitcoin rose slightly amid tepid trading as investors await the next Consumer Price Index, although it is not likely to deliver any surprises.

Outlook: Metaverse companies would like you to think they’ve built a significant following, but the data suggests that’s far from the case.

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Prices

● CoinDesk Market Index (CMI): 939.17 +0.1%

● Bitcoin (BTC): $19,117 +0.4%

● Ether (ETH): $1,294 +1.0%

● S&P 500 Daily Close: 3,577.03 −0.3%

● Gold: $1,679 per troy ounce +0.0%

● Ten-year Treasury yield at daily close: 3.90% −0.04

bitcoin,…