Market Brief 19 March, 2025

Good evening, investors and traders! The markets are experiencing a mixed bag of emotions today, with the Nasdaq 100 Index (NDX) up by 1.19% to 19,739.67 and the S&P 500 Index (GSPC) up by 1.1% to 5,678.65. The Federal Reserve's decision to hold interest rates steady has sparked a rally in Bitcoin, which is now trading above $85,000. Ripple (XRP) is also experiencing a surge, with the price jumping 14% after the SEC dropped its appeal against the company. The news of the SEC dropping its case against Ripple has been met with positive market response, with many investors seeing it as a major win for the crypto space. The Turkish Lira has hit a new record low against the US Dollar, with the main stock index plunging almost 7% amid political drama.