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The S&P 500 fell 0.13% Tuesday, led by tech losses, as markets awaited the Fed’s expected 25 bps rate cut. Gold edged up to $3,695 in early Asian trading Wednesday, supported by Fed rate cut expectations, though easing US-China tensions and stronger risk sentiment could limit further gains. The Coindesk Indices, which tracks the broader crypto market, rose 1.10%, with Bitcoin up 0.05% and Ether down 0.30%, 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 DRIFT, up 16.0% after Drift Foundation announced an incubation program to support a gamified retail-focused perpetuals dApp.