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The SPX index was down by 1.39%, this downturn was influenced by global chip stocks reacting negatively to potential expanded trade restrictions and harsher sanctions against firms engaging with China, proposed by the Biden administration. The broader cryptocurrency market was down, with Bitcoin and Ether dropping by 0.96% and 0.82%, respectively in the past 24 hours.
Today's top performer is XRP, which surged 3.7% following Ripple's recognition as one of 2024's top global fintech companies by CNBC and Statista.