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The S&P 500 dropped 0.39%, with most sectors declining. Nvidia and Broadcom fell, while Tesla gained. Investors await a Fed rate cut amid inflation concerns. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 3.89%, with Bitcoin rising by 0.80% and Ether dropping by 2.90%, in the past 24 hours.
Today's top performer is XRP, which surged 3.3% following the global launch of Ripple USD (RLUSD), setting new standards for stablecoins.