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The S&P 500 closed flat on Tuesday as tech momentum faded, while traders now await Tesla’s earnings and Friday’s CPI report for direction amid the ongoing US government shutdown. Gold fell over 5% to $4,114, its biggest drop since 2020, as traders took profits before US CPI data and a stronger dollar reduced safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, fell 2.11% with Bitcoin up 0.89% and Ether down 0.94%, 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 MERL, up 5.5%, after Merlin Chain partnered with Cicada to boost institutional liquidity and expand the BTCfi ecosystem.