Market Brief 18 February, 2025

Good evening, investors and traders! The markets are showing a positive trend today, with the S&P 500 Index (GSPC) up by 0.33% to 6,129.45 and the Nasdaq 100 Index (NDX) up by 0.27% to 22,160.25. Some of the key news driving the market today includes the Reserve Bank of Australia cutting interest rates for the first time since 2020, the US and Russia holding talks in Saudi Arabia to discuss ending the war in Ukraine, and the start of FTX repayments to creditors. The crypto market is also seeing some movement, with Bitcoin (BTC) down by 1.74% to $95,761.50 and Ethereum (ETH) down by 1.74% to $2,645.25. The recent LIBRA scandal continues to impact the crypto market, with Solana (SOL) down by 8.8% to $163.96. Despite the volatility, analysts are optimistic about the future of the crypto market, with many predicting a rebound in the coming months.