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The S&P 500 rose 0.17% to 6,851.97, lifted by tech gains from Amazon’s $38B OpenAI deal, while conflicting Fed signals and reduced odds of a December rate cut tempered optimism. Gold hovers near $4,000 under pressure from a stronger dollar and Powell’s hawkish tone, with resistance at $4,088 and support around $3,590–$3,353. The Coindesk Indices, which tracks the broader crypto market, fell 7.55% with Bitcoin and Ether down 3.13% and 6.83%, 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 XPL, up 3.5%, following Plasma’s milestone of surpassing $10B in deposits after integrating LayerZero for seamless interoperability.