AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
The S&P 500 rose 1.13% to a record high Tuesday after softer CPI data reinforced expectations of a September Fed rate cut, now seen as a 94% probability. Gold rose to about $3,350 on Fed rate cut hopes, but gains were limited by easing US–China trade tensions after Trump’s 90-day tariff delay. The Coindesk Indices, which tracks the broader crypto market, rose 3.77%, with Bitcoin and Ether up 0.51% and 8.74%, 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 SOL, up 11.9% after Solana highlighted recent US policy wins and outlined an upcoming regulatory push to advance blockchain innovation.