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Last week, the SPX index was up by 1.36%, after the Federal Reserve's 50-basis-point rate cut. While initial reactions were negative, markets later rallied. Fed officials were split on inflation, and investors now await key economic data and speeches from Fed leaders. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.58%, with Bitcoin and Ether rising by 0.33% and 1.50%, respectively in the past 24 hours.
Today's top performer is TAO, which surged 9.0% following news of Bittensor's upcoming Ethereum smart contracts launch.