Russell 2000 Reaches All-Time Highs, Silver Surges to $60: Market Movers for Tuesday
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
U.S. Small Caps Surge: The Russell 2000 index reached record highs as traders anticipated a Federal Reserve rate cut, with a 90-95% probability of a 25-basis-point cut at the upcoming meeting.
Job Market Strength: Job openings rose to 7.67 million in October, exceeding expectations and alleviating fears of a rapid cooling in the U.S. labor market.
Precious Metals Rally: Expectations of rate cuts drove a significant increase in precious metals, with silver hitting an all-time high and gold also rising, benefiting mining ETFs.
Crypto Market Rebound: Bitcoin and Ethereum saw substantial gains, with Bitcoin surpassing $94,000 and Ethereum increasing over 7%, while other high-beta tokens also performed well.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







