AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
The S&P 500 fell 0.55% Tuesday, retreating from record highs as Fed caution, AI rally concerns, and profit-taking pressured megacap tech, while Micron rose on strong earnings. Gold held near $3,760 on Wednesday, supported by Fed rate cut expectations and safe-haven demand, while traders await Friday’s US PCE inflation report for direction. The Coindesk Indices, which tracks the broader crypto market, rose 0.14%, with Bitcoin and Ether down 0.46% and 0.21%, 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 ASTER, up 36.5% after leading perp DEXs with $11B in daily trading volume.