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📌#Bitcoin briefly topped $42,000 Monday, hitting its highest level in more than a year.
📌The world's largest cryptocurrency was lifted by hopes of approval for a bitcoin exchange-traded fund and growing bets on U.S. interest rate cuts. Spot gold prices touched $2,100 an ounce, hitting a record high as investors rushed into the safe-haven asset.
📌U.S. stocks markets slipped Monday, with investors questioning if markets climbed too fast, too soon following five straight weeks of gains.
📌US equity contracts slid as traders pushed back on optimistic scenarios that central bankers will cut interest rates in time to avert recession.
📌 Futures signaled another day of declines for the S&P 500, after the benchmark rose last week to its highest since March 2022 on bets the Federal Reserve would soon pivot to monetary easing. Treasury yields were steady near 4.2%.
