A collection of Bitcoin tokens are displayed in this picture illustration taken December 8, 2017. — Reuters picLONDON, Feb 11 — US and European stocks moved higher today as investors digested company updates and awaited developments on US stimulus, dealers said, while Bitcoin struck a fresh high.
The US unemployment data showed that first-time claims for benefits dipped by just 19,000 to 793,000. While that was a five-week low, analysts had been looking for a bigger drop. Meanwhile, Bitcoin struck a fresh high of US$48,364.05 as the cryptocurrency gained further mainstream support. In corporate action, Shell outlined green plans to switch away from crude, saying that its oil output is locked in decline after peaking in 2019.
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