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The S&P 500 rose 0.32% to a new all-time high, supported by strong data and AI optimism ahead of the PCE inflation report. Gold rose 0.43% to $3,413 as safe-haven demand and a weaker dollar offset strong US data. Fed independence concerns and rate cut bets supported the rally. The Coindesk Indices, which tracks the broader crypto market, rose 0.26%, with Bitcoin and Ether down 0.15% and 2.99%, 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 SOL, up 4.5% after Solana announces Alpenglow upgrade targeting sub-second finality.