Day: January 20, 2021

bitcoin

Reasons why Bitcoin hit an all-time high – $41,940

According to Henri Arslanian, PwC’s global crypto leader, the giant institutional investors’ entry into the market drove the rally of Bitcoin seen in the last weeks. The world’s dominant cryptocurrency increased to a lifetime high of $41,940 for the first time on January 8. It had raised over 300% in 2020. Bitcoin has been around …

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Trump

Trump Leaves Roaring Stocks, a Weaker Dollar, Tons of Debt

Since President Donald Trump started to take office, the S&P 500 has been up about 68%. Since late March, a 73% surge has been aided by massive fiscal and monetary stimulus. In addition, the percentage was lifted by expectations that a COVID-19 vaccine will spur economic reopening. Plunging Treasury yields after the Federal Reserve cut …

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