Investors Split as Equities Climb and Crypto Holds Breath
The S&P 500 reached a record high of 6486.95 on Monday, marking a significant milestone in equities markets. The index briefly held that level before retreating slightly to 6484.84 by the close of the session [1]. This rally came amid broader market optimism, though investors remained cautious ahead of key macroeconomic data releases, including the upcoming U.S. GDP report and the Non-Farm Payrolls data in September. The rise in equities has not been mirrored directly in the crypto markets, which have displayed a more complex and volatile response to recent developments [2].
In the cryptocurrency sector, Bitcoin and Ethereum both experienced notable rebounds on Monday, with Bitcoin briefly trading above $111,000 and Ethereum trading near…