Equity Perps Dominate Post-FOMC Gaps as Crypto Equities Surge

Binance Research recently conducted an analysis on the post-FOMC market performance of equity perps and crypto equities. The study found that US regular sessions cover only a small portion of the week, with just 19.3% of trading occurring during these times.

Following the FOMC announcement, equity-perps captured a median 97% of the next opening gap. This suggests a significant impact on the market after the Federal Open Market Committee's decision.

Crypto equities, however, saw a different trend. The Innovation Exemption announcement sparked an overnight rally in these assets. Additionally, Anthropic perp hit a record in September so far, with its price setting a new high for the month.