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Last week, the SPX index was down by 4.25%, The decline was led by semiconductor and energy stocks, as weak US manufacturing and labor market data heightened concerns about a slowing economy. Investors are now awaiting key inflation data, which could influence the Federal Reserve’s upcoming interest rate decision. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.35%, with Bitcoin and Ether rising by 0.09% and 0.15%, respectively in the past 24 hours.
Today's top performer is FTM, which surged 8.5% following the launch of Sonic Labs' testnet with 106 million transactions and a developer bounty program.