Despite digital assets experiencing losses, traditional asset classes saw gains throughout the day. The 10-year U.S. bond yields dropped by 10 basis points, while gold increased by 1.5% to $2,450, just slightly below its all-time highs. Additionally, WTI crude oil prices surged by 5%. Equities also performed well, with the tech-heavy Nasdaq 100 index bouncing back by 3% and the S&P 500 finishing the session 2.2% higher. This growth was primarily driven by chipmaker giant Nvidia, which saw a 12% increase in its stock price.
Source link
This article was complied by AI and NOT reviewed by human. More information can be found in our Terms and Conditions.