Gold rose to its highest level in three months and bitcoin briefly climbed above $80,000, supported by a weaker dollar and falling long-term U.S. Treasury yields. Investors are watching whether the move reflects hedging demand amid concerns about the dollar and U.S. fiscal soundness. The World Gold Council cited stronger inflows into spot gold ETFs, while it said expectations of a September Federal Reserve rate hike had eased.

The U.S. Consumer Technology Association (CTA), whose members include Amazon, Apple and Google, urged the U.S. Senate to quickly pass the Clarity Act, a digital asset market structure bill. Senator Cynthia Lummis publicly backed the measure, saying developers should not need lawyers to determine whether their code is legal. The bill would divide oversight between the SEC and CFTC, set standards for tokens and include protections for open-source developers and self-custody providers.