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Last week, the SPX index was up by 4.02%, the gains were driven by market optimism, despite a typically weak September, with speculation about a potential 50 basis point rate cut. Currently, the chances for either a quarter- or half-point cut are evenly split. Investors also await August retail sales data and earnings reports later this week. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 3.64%, with Bitcoin and Ether dropping by 1.24% and 1.96%, respectively in the past 24 hours.
Today's top performer is CKB, which surged 12.8% following the launch of Fiber Network, a scalable and low-cost lightning solution for Nervos CKB.