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Bitcoin hits the ceiling

2021-04-13T12:04:58.914Z


Stock markets still lacked vigor on Tuesday and waited for the release of U.S. inflation, while bitcoin traded above its all-time high since Tuesday morning. Read also: The crazy history of bitcoin Around 1:10 p.m. GMT, Europe was moving mainly upward, from Paris (+ 0.27%) to Frankfurt (+ 0.14%) and Milan (+ 0.56%), with the exception of London (-0 , 11%). Wall Street was moving towards a lower


Stock markets still lacked vigor on Tuesday and waited for the release of U.S. inflation, while bitcoin traded above its all-time high since Tuesday morning.

Read also: The crazy history of bitcoin

Around 1:10 p.m. GMT, Europe was moving mainly upward, from Paris (+ 0.27%) to Frankfurt (+ 0.14%) and Milan (+ 0.56%), with the exception of London (-0 , 11%).

Wall Street was moving towards a lower opening, around 13:10 GMT the S&P futures contract lost 0.32%, that of the Dox Jones dropped 0.45% and that of the Nasdaq posted -0.09%.

US health officials on Tuesday recommended "

a pause

" in the use of Johnson & Johnson's Covid-19 vaccine to investigate the occurrence of severe cases of blood clots in several people in the United States.

Particularly expected from the markets, the inflation figures in the United States will be released at 12:30 GMT.

Even if concerns about inflation have been minimized by the Federal Reserve, investors will closely

monitor” the publication of this indicator, assures Pierre Veyret, technical analyst at ActivTrades.

The boss of the Federal Reserve (Fed) and the economic advisers of the White House want to be reassuring: prices will increase at first but not to worry in the long term.

In Germany investor morale fell in April, after four months of increases, as the country braces for new health restrictions.

"

The results of companies

" in particular "

could also cause a peak in volatility later in the day,

" adds Pierre Veyret.

Bitcoin explodes

Bitcoin has once again surpassed its record, reached in mid-March, on the eve of the IPO in New York of one of the largest cryptocurrency sales platforms, Coinbase.

Around 1:10 p.m. GMT, the first cryptocurrency was above the $ 62,000 mark (+ 4.54% to $ 62,702), its all-time high.

Read also: Hitman, dark web and bitcoins: a crime 2.0 avoided

"

A successful listing on Nasdaq (from Coinbase) should act as recognition of cryptocurrencies by traditional investors

," says Ipek Ozkardeskaya, analyst at Swiss Quote, and bitcoin reflects this "

milestone

" reached by cryptocurrencies, she said.

Source: lefigaro

All business articles on 2021-04-13

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