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Bitcoin: Cryptocurrency at a record high above $ 63,000

2021-04-13T17:10:47.720Z


Good economic data from China let the Dax rise on Tuesday. In the US, vaccine manufacturer Johnson & Johnson's losses weigh on the Dow Jones. Bitcoin hit a record high before the Coinbase crypto exchange went public, rising above the $ 63,000 mark.


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Bitcoin:

The cryptocurrency hit another record high on Tuesday at $ 63,280

Photo: JIM URQUHART / REUTERS

The leading German index Dax is holding its own at a high level.

Since its

record high a week ago at around 15,312

points, there has only been a minimal decline.

The German benchmark index ended Xetra trading this Tuesday (5.30 p.m.) with an increase of 0.1 percent to 15,234 points.

The

MDax of

the medium-sized stocks rose 0.6 percent.

The clouded ZEW economic expectations for Germany in April did not scare investors, nor did the significantly higher inflation rate in the USA.

There had been a damper at lunchtime.

Like the pharmaceutical company

Johnson & Johnson

announced that market launch in Europe is delayed due to reports of sinus vein thrombosis.

It is now being worked with experts to investigate the blood clot cases, it said.

The Dow Jones in New York was slightly in the red on Tuesday evening.

Dax, Dow and stocks at a glance:

Click here to go to the stock market

Covestro, Leoni and Dermapharm asked

Among the individual values ​​in the Dax, Delivery Hero was the front runner with a plus of 3.3 percent.

The Lieferando mother and competitor Just Eat Takeaway continued to benefit from the order boom in the corona pandemic.

The plastics group Covestro and the automotive supplier Continental gained almost two percent.

For Leoni's titles, the SDax went up 7.2 percent after the Austrian Pierer Group increased its stake in the automotive supplier and cable specialist from 10 to more than 15 percent.

Dermapharm papers topped the small cap index with just under 12 percent.

The pharmaceutical manufacturer looks to the current year with great confidence and expects significant increases in both sales and operating profit.

Shareholders can also expect a higher dividend.

Record high: Bitcoin climbs above $ 63,000 before Coinbase IPO

Shortly before the IPO of the cryptocurrency platform Coinbase in the USA (everything about the IPO can be found here),

Bitcoin

reached another record high.

The rate of the world's most famous digital currency recently rose to $ 63,250.

The value of all cryptocurrencies currently in circulation worldwide has reached more than two trillion dollars, as the platform Coinmarket.cap calculated.

According to this, there are more than 9,000 different digital currencies worldwide.

Experts expect another boost for virtual currencies

from Coinbase's IPO in New York on Wednesday

.

Founded in 2012 in San Francisco, the company offers the purchase, sale and management of crypto money.

According to the company, more than 56 million people have an account with the platform - most of them to trade Bitcoin or parts of it.

Also read: The investment rate of the German Bitcoin millionaires

Nasdaq up, losses at J&J weigh on Dow Jones

After the sharpest price increase in the US in a good eight and a half years, investors on Wall Street have shown cautiousness.

The

Dow

Jones fell

0.5 percent to open on Tuesday, while the broad benchmark index S&P 500 stepped on the spot.

The technology-

heavy Nasdaq gained 0.7 percent

.

In addition to the surprisingly sharp rise in consumer prices in March, fear of a

delay in the vaccination campaign due to the recommendation to suspend the drug from Johnson & Johnson (J&J)

depressed mood.

Dax, Dow and stocks at a glance:

Click here to go to the stock market

US consumer prices are rising rapidly

The US consumer price index jumped 0.6 percent last month, according to the Department of Labor.

This is the biggest increase since August 2012. The prospect of a rapid economic recovery was dampened somewhat by the recommendation by the US health authorities to suspend J & J's Covid-19 vaccine.

After several cases of rare thrombosis, the authorities had advised an immediate stop of corona vaccinations with the agent in the USA.

The US company also took action in Europe and announced that it would "proactively" delay deliveries of the vaccine in Europe.

J&J shares lost more than three percent at the start of trading.

The shares of rival US vaccine manufacturers Moderna and Pfizer, on the other hand, gained more than eight and one percent respectively.

Cruise companies, airlines and hotel chains, which would benefit from an economic recovery from advances in the vaccination campaign, gave way.

Nikkei closed clearly in positive territory on Tuesday

The Asian stock exchanges were mostly on a recovery course on Tuesday.

In South Korea and Japan in particular, investors were quite optimistic.

In Tokyo, for example, the leading Nikkei index closed 0.7 percent higher at 29,751 points.

Here, investors took advantage of providers of non-basic consumer goods in particular.

In China, on the other hand, there was no uniform picture.

The

CSI-300 index

with the 300 largest companies listed on China's mainland stock

exchanges slipped into the

red

in the course of trading and was most recently 0.3 percent lower.

Positive signals for the global economy came in the morning from China with strong growth in foreign trade.

According to experts, the increased global demand and the low comparative base in 2020 due to the pandemic resulted in strong growth rates, even though China's exports did not quite meet the high expectations.

However, imports grew unexpectedly vigorously.

Oil prices rise slightly - China's trade data support

Oil prices rose slightly on Tuesday following the release of data on China's foreign trade.

A barrel (159 liters) of North Sea Brent cost US $ 63.45 that morning.

That was 17 cents more than the day before.

The price of a barrel of the US West Texas Intermediate (WTI) rose 14 cents to $ 59.84.

According to market observers, oil prices were supported by new data on China's foreign trade.

This posted robust growth in March, which gave the world's second largest economy a powerful boost.

China is one of the largest oil importers in the world.

At the same time, however, the corona crisis remains a burden on oil prices.

Rising numbers of infections and a sluggish vaccination campaign in the European Union slowed oil prices in the morning.

In the oil market, there are concerns among investors that the pandemic could last longer than previously thought.

with news agencies

Source: spiegel

All news articles on 2021-04-13

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