Market participants are pointing to global stock markets as reasons for bitcoin’s rise in price, with the world’s oldest cryptocurrency in a narrow range just above $9,000 since July 3.
“Equity markets are up across the board and so you see a spike in bitcoin’s price,” said Michael Rabkin, head of institutional sales at Chicago crypto trading firm DV Chain.
https://leg.colorado.gov/sites/default/files/webform/19-free-v-bucks-generator-shoot.pdf
https://leg.colorado.gov/sites/default/files/webform/24-free-fortnite-vbucks-generator-best.pdf
https://leg.colorado.gov/sites/default/files/webform/28-free-fortnite-vbucks-generator-solve.pdf
https://leg.colorado.gov/sites/default/files/webform/27-free-v-bucks-generator-gotcha.pdf
Indeed, stock indexes globally are flashing green. In Asia, the Nikkei 225 index of companies ended the day up 1.8%. Despite a rising number of coronavirus cases in Japan, gains were made in industrial stocks including conglomerate Mitsubishi. Europe’s FTSE 100 index closed up 1.5%. Optimism on fresh government stimulus across the continent contributed to leading the index higher. The U.S. S&P 500 index gained 1.6%. Record highs for tech stocks Netflix and Amazon led the way.
No comments:
Post a Comment