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The S&P 500 rose 0.41%, led by industrials and financials, as markets awaited Nvidia's earnings amid concerns about Fed independence. Gold held just below $3,400, supported by a weaker USD and Fed uncertainty after Trump attempted to fire Governor Lisa Cook. Rate cut bets and soft US data maintained safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, rose 2.84%, with Bitcoin and Ether up 0.40% and 5.32%, 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 HYPE, up 12.9% after Hyperliquid became the second-largest spot BTC exchange with $3.4B in daily volume.