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The S&P 500 was closed on Monday due to Martin Luther King Jr. Day. Gold rose 0.3% to $2,709.09 as a weaker dollar and Trump’s potential policies drove demand for the safe-haven asset. Analysts expect market volatility and inflation to support gold, though higher Fed rates may limit gains. Prices hit a one-month high last week on softer inflation and dovish Fed signals. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.60%, with Bitcoin dropping by 2.48% and Ether rising by 1.58%, 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 LDO, which surged nearly 5.2% following the expansion of Aave v3.2 Liquid eModes to Base and Arbitrum, enhancing DeFi with Lido integration.