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The S&P 500 jumped 1.52% on rate cut hopes, with markets eyeing key tech earnings and July PCE data this week. Gold slipped 0.22% to around $3,365 as a stronger USD pressured prices, though rate cut hopes and rising Russia-Ukraine tensions may limit further downside. Traders await the US Q2 GDP data for additional direction. CoinDesk Indices, which track the broader crypto market, fell 1.03% in the past 24 hours, while Bitcoin up 0.01% and Ether down 0.26%. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is QTUM, up 35.6% as the countdown to its second halving hits 97 days, marking a key milestone ahead of the mainnet’s 8th anniversary.