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The S&P 500 rose 1.08% as all sectors advanced after the Fed reaffirmed plans for two rate cuts this year. Powell downplayed inflation risks from Trump’s trade policies, while investors await jobless claims data and key earnings reports. Gold hit a record $3,052 as the Fed held rates, signaled cuts, and geopolitical tensions escalated. Markets await the Fed’s policy decision. The Coindesk Indices, which tracks the broader crypto market, rose by 5.14%, with Bitcoin and Ether up by 3.89% and 6.80% 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 XRP, up 9.0% after the SEC drops its appeal, solidifying Ripple's victory and a win for crypto regulations.