Market Cap: $1,975,203,902,777
24h Vol: $64,901,144,366
Cryptocurrencies: 22845
Markets: 83121
Cryptocurrencies: 22845
Markets: 83121
Market Cap: $1,975,203,902,777     
24h Vol: $64,901,144,366
Seeking Alpha 2021-02-09 10:14:59

Stimulus hopes fuel market gains, Bitcoin jumps over $47K

Stimulus hopes fuel market gains, Bitcoin jumps over $47K
Global stock markets are still in an upbeat mood after U.S. benchmarks set fresh records yesterday. Investors have renewed confidence that a new round of stimulus spending will bolster the U.S. economy, while upbeat earnings from large U.S. multinationals have calmed some of the anxiety over the manic GameStop-Reddit trading. More than 80% of companies that have reported results so far have beaten consensus expectations.In Asia, The Shanghai Composite Index rose 2.0% and Hong Kong's Hang Seng increased 0.5%, while the Nikkei 225 in Tokyo gained 0.4% to 29,418.23. European stocks are mixed with the Stoxx 600 off 0.3%. Oil markets continue to rally, with Brent crude futures up 0.5% and WTI Crude futures 0.3% higher. The yield on the 30-year U.S. Treasury bond is 1.93% after it briefly pushed past the 2% level for the first time since February of last year when the pandemic disrupted debt markets. In crypto
esptco-banner img
Latest News

Videos

  • Solana Coin (SOL): Everything You Need to Know

  • Bitcoin Cash: What is Bitcoin Cash (BCH)? EXPLAINED!

  • A Step by Step Guide To Use and Utilize Cryptocurrency!

  • Digibyte: What is DGB? EXPLAINED!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire