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Daily top performer — Bittensor (TAO)

The S&P 500 slipped 0.16% after a volatile session, swinging between a 1.5% loss and a 0.39% gain as investors digested Fed comments, positive bank earnings, and renewed US-China tensions. Gold rose to around $4,165 as US-China tensions and expected Fed rate cuts boosted safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, fell 2.95% with Bitcoin and Ether down 2.79% and 3.79%, 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 TAO, up 1.6% after Grayscale filed a Form 10 to make its Bittensor Trust an SEC-reporting product.