Traders watch bitcoin for clues about high-flying stock market

United Kingdom News News

Traders watch bitcoin for clues about high-flying stock market
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

New for subscribers: Traders watch bitcoin for clues about high-flying stock market. Check out CNBCPro today.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

The cryptocurrency, which briefly topped $40,000 apiece last week, has become a poster child for the level of animal spirits in the financial markets.

The same goes for Tesla, which just came off its record 11-day winning streak after a sevenfold rally in 2020. A number of investors and traders flagged that the broader stock market started to move in tandem with these two feverish assets in the past few days.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in UK
 

Pro Traders are about right 50% of the time.

Pro Seriously, avoid BTC

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines



Render Time: 2025-01-14 22:44:00