S&P Global’s September flash composite PMI reached 58.4, the highest level since July 2021, pushing 10-year U.S. Treasury yields to approximately 5.11%, a level not seen since 2007. Despite this tense macroeconomic backdrop, Bitcoin held steady around $84,000, trading between $83,200 and $87,000. ONDO emerged as the session’s standout performer, with its token trading between $0.42 and $0.50, outperforming the broader altcoin market. The gains were driven by Ondo Finance’s institutional narrative, including partnerships with NEAR and Alpaca and its connection to DTCC, the U.S. clearing infrastructure backbone.
Source: Read the original article
