Bybit Launches Copy Trading for Gold & Forex, Offering Crypto Users Access to Professional Strategies

Daily Top Performer — Lido DAO (LDO)

The S&P 500 was closed on Monday due to Martin Luther King Jr. Day. Gold rose 0.3% to $2,709.09 as a weaker dollar and Trump’s potential policies drove demand for the safe-haven asset. Analysts expect market volatility and inflation to support gold, though higher Fed rates may limit gains. Prices hit a one-month high last week on softer inflation and dovish Fed signals. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.60%, with Bitcoin dropping by 2.48% and Ether rising by 1.58%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today's top performer is LDO, which surged nearly 5.2% following the expansion of Aave v3.2 Liquid eModes to Base and Arbitrum, enhancing DeFi with Lido integration.

Lido DAO (LDO) provides liquid staking for Ethereum 2.0 and other Proof-of-Stake platforms, using stETH tokens to maintain liquidity. The LDO token allows holders to govern the DAO. 

Aave v3.2's Liquid eModes are expanding to Base and Arbitrum, building on Lido's success. Users can use LRTs as collateral to borrow wstETH, gaining third-party rewards and reduced gas costs. The expansion offers optimized markets, automated positions, and new DeFi use cases with Base's low gas fees and Arbitrum's liquidity.

Check Out the Latest Prices, Charts, and Data of LDOUSDT Perp and LDO/USDT Spot Contracts!

Talk of the Town

Bybit has introduced a new Copy Trading feature for Gold and Forex markets, enabling users to replicate professional trading strategies within their MT5 accounts using USDT as collateral. This innovation simplifies access to traditional assets for crypto communities, without requiring advanced market knowledge. Key features include professional expertise, risk management tools, and seamless integration with MT5. Bybit ensures a secure and transparent environment, with thorough oversight of master traders and risk management measures. The program offers two profit-sharing plans: Classic and Gold&FX, designed to create a balanced, efficient trading experience.

Check Out the Latest Prices, Charts, and Data of ETHUSDT Perp and ETH/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Yesterday, BTC Spot ETF data showed no inflows or outflows as the markets were closed for the Martin Luther King Jr. Day holiday.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!

Airdrop to Watch

Humanity Protocol is offering a free airdrop with up to a 60% boost in rewards. To participate, link your social media accounts to your Humanity Protocol testnet account via the provided link. The $RWT you claim daily will be converted into the mainnet airdrop.