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The S&P 500 rose 0.58% on Tuesday, extending its gains for a second day as tech stocks led the rally. Investors now await key labor market data later this week. Gold dipped 1.29% as strong U.S. job data signaled a resilient labor market, reducing rate-cut hopes and prompting profit-taking after Monday’s rally. The Coindesk Indices, which tracks the broader crypto market, rose 0.72%, with Bitcoin and Ether up 1.74% and 3.00%, 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 MKR, up 8.8% after Spark expands to Optimism and Unichain, bringing Sky’s yield-bearing stablecoins to the Superchain ecosystem.