Tech giant Tesla Inc made its S&P 500 debut. This comes at a time when a new, more infectious strain of the coronavirus is shaking markets globally.
The Dow Jones has gained 5.8% this year while the S&P 500 has rallied 14.8% and the Nasdaq Composite comes off with the biggest pump with a 42.2% surge.
BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.
After months of negotiations, Congress finally approves a $900 billion stimulus package to fight the ongoing COVID-19 crisis. The daily cases in the US peaked above $400,000 last Friday.
The surge in the price of Bitcoin is now a topic of discussion on social media platforms.
Tesla stock closed at $695 on Friday which shows a 5.96% growth.
Earlier, Coinbase was considering going public through a direct listing as opposed to the traditional IPO. But at that time it didn’t file with the SEC.
The CME Group’s Ether Futures is one of the many crypto products set to go live in 2021.
At the moment of writing, Bitcoin is trading at a max price of around $23,400. In the last 24 hours, it has risen by over 20%.
Bitcoin price has just hit $20,000 for the first time ever as investor popularity continues to surge for the world’s most highly-demanded cryptocurrency.
Despite the US kickstarting the distribution of the Pfizer/BioNTech COVID-19 vaccine, the lawmakers are working on one more stimulus round to keep the economic activity on track.
The actual market data that will be provided by CoinRoutes will complement the Cboe’s long-standing tradition of leading the markets with precise index offerings.
According to the official announcement, Polkastarter 1.0 Beta has gone live on the Ethereum mainnet.
Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.
While the vaccines have given a hint of hope for the economic recovery of most countries including the UK, the ongoing post-Brexit trade talks also have a subtle influence on the global stock market.