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The S&P 500 hits record high amid strong retail sales and jobless claims drop; Fed signals split on rate cuts as Trump pushes new tariffs. Gold slips 0.26% to $3,340 as strong US jobless claims (221K) and retail sales (+0.6% MoM) reduce Fed rate cut expectations, keeping bullion in a $3,300–$3,400 range. The Coindesk Indices, which tracks the broader crypto market, rose 8.53%, with Bitcoin down 0.29% and Ether up 0.97%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is XRP, up 18.2% after the GENIUS Act passed, marking a historic step in US stablecoin regulation.