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The S&P 500 rose 0.32% on Wednesday, with 8 of 11 sectors advancing, led by materials, healthcare, and consumer discretionary. Gold rose 0.25% to around $3,365, supported by expectations of a September Fed rate cut after soft US inflation and jobs data, though easing US-China trade tensions may limit further gains. The Coindesk Indices, which tracks the broader crypto market, rose 3.71%, with Bitcoin and Ether up 2.62% and 2.15%, 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 EIGEN, up 17.8% after Canary DVN and EigenLayer introduced a new standard for provable cross-chain trust.