S&P 500 Tumbles as Fed Minutes Loom, Bitcoin Breaks $35K Barrier
The S&P 500 index fell on Tuesday as investors awaited the release of the Federal Reserve's meeting minutes, while Bitcoin saw significant gains.
According to data from CryptoSpectator, the benchmark US stock index declined by 0.8% during morning trading hours, with tech shares leading the decline.
In contrast, Bitcoin (BTC) surged by 3.5%, surpassing the $35,000 mark for the first time in over a month.
The Fed's meeting minutes are expected to provide insight into the central bank's monetary policy decisions and their potential impact on the US economy.