S&P assigns first stablecoin credit rating, gives Sky Protocol’s USDS a B- with stable outlook

Daily top performer — Pump.fun (PUMP)

The S&P 500 fell 0.25% on Monday with eight of 11 sectors lower led by energy, real estate and technology as investors awaited key inflation data and a likely September Fed rate cut. Gold fell 1.2% to $3,356 as a stronger dollar and truce hopes dampened demand, despite Trump confirming no tariffs on gold and CPI data looming. The Coindesk Indices, which tracks the broader crypto market, fell 2.55%, with Bitcoin and Ether up 0.33% and 0.73%, 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 PUMP, up 13.0% after Pump.fun launches Glass Full Foundation to fund top community tokens and grow Solana ecosystem.