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The S&P 500 gained 0.23% to a record high, supported by Fed rate cut expectations and strong tech sentiment. Gold fell 0.63% to $3,955 as hopes for a US–China trade deal reduced safe-haven demand. The Fed’s expected rate cut and Middle East tensions may cushion losses, with Gold still up 51% this year despite recent weakness. The Coindesk Indices, which tracks the broader crypto market, fell 1.73% with Bitcoin and Ether down 1.05% and 3.59%, 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 AERO, up 9.1%, after Animoca Brands acquired and max-locked $AERO, reinforcing Aerodrome’s position as Base’s leading DeFi hub.