Monday, October 18, 2021
More

    Latest Posts

    Bitcoin Price Passes $50,000: What to Watch When the Stock Market Opens Today

    Bitcoin is on the rise and stock futures are up, a day after a selloff among major technology firms dragged down broader indexes. Here’s what we’re watching as we get ready for Tuesday’s trading session.

    • Bitcoin’s dollar value cracked $50,000 for the first time in a month, rising 2.2% to $50,120.50 from its 5 p.m. ET level Monday, according to data from CoinDesk. Shares of cryptocurrency companies also gained, with

      Coinbase


      COIN -0.80%

      Global up 1%. Bitcoin mining companies Hut 8 Mining and

      Marathon Digital Holdings


      MARA 1.39%

      added more than 2% each premarket.

    Stocks of bitcoin miners were climbing alongside the cryptocurrency.



    Photo:

    Michael Nagle/Bloomberg News

    Chart of the Day
    • Cotton futures are trading at their highest price in about a decade, with growing Chinese demand being met in part by rising U.S. exports to China, a curiosity of Trump-era trade-war policies.

    Write to Caitlin Ostroff at caitlin.ostroff@wsj.com

    Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Bitcoin Price Passes $50,000: What to Watch When the Stock Market Opens Today Source link Bitcoin Price Passes $50,000: What to Watch When the Stock Market Opens Today

    The post Bitcoin Price Passes $50,000: What to Watch When the Stock Market Opens Today appeared first on Eminetra.

    Latest Posts

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.