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The S&P 500 fell 0.24% as tech losses weighed, with focus shifting to Powell’s Jackson Hole speech and upcoming data for Fed clues. Gold climbed to $3,342 as Trump’s pressure on Fed Governor Cook over alleged fraud weakened the USD, with traders awaiting Fed minutes and Powell’s Jackson Hole speech. The Coindesk Indices, which tracks the broader crypto market, rose 2.73%, with Bitcoin and Ether up 1.04% and 4.82%, respectively 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 LINK, up 9.4% after TerpLayer integrated Chainlink CCIP to enable beraBTC transfers across Berachain and BNB Chain.