Smaller tokens are having a blast as major cryptocurrencies, including bitcoin (BTC), ether (ETH), and XRP (XRP), continue their recovery from their declines late on Friday.

Stand out coins are the Sam Altman-founded Worldcoin (WLD), which risen 122% in the past 24 hours. The other is the decentralized exchange MYX Finance's MYX token, which has surged 270% in a single day. The DeFi sub-sector, in general, is better bid as search for yield in advance of expected Fed interest-rate cuts.

In traditional markets, gold posted a record high for the third straight day, rising to $3,650 per ounce. In inflation-adjusted terms, the yellow metal has surpassed the 1980s peak, according to Barchart.com.

"Moves of this magnitude mean the market is sending a signal that confidence in the existing mone

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