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SIP-411 - Strategic Acquisition of Kwenta to Relaunch Synthetix Exchange and Enhance Brand Integration

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Daily Bits
Oct 31, 2024
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Daily Top Performer — Ondo Finance (ONDO)

The S&P 500 dropped 0.33%, driven by weak tech earnings and sharp declines in semiconductor stocks. Slower Q3 GDP growth and strong jobs data further lowered hopes for Fed rate cuts. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.27%, with Bitcoin dropping by 0.98% and Ether rising by 2.18%, in the past 24 hours.

Today's top performer is ONDO, which surged 13.47% after Wellington and Ondo Finance Boost 24/7 Liquidity for Tokenized U.S. Treasury Fund in Web3 Push.

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