Wednesday, February 24, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

GLOBAL MARKETS-Asian shares stuck in holiday lull, bitcoin powers higher

2 weeks ago
in investors
2 min read
Bitcoin Group SE with strong start into 2021- Integration of Bitcoin Deutschland AG
Share on FacebookShare on Twitter


* Asian stock markets: https://tmsnrt.rs/2zpUAr4

* Many bourses shut for Lunar New Year

* Bitcoin sets record on more signs of acceptance

* Weak 30-year Treasury auction pushes up yields

By Stanley White and David Henry

TOKYO/NEW YORK, Feb 12 (Reuters) – Asian shares hovered justbelow a record high on Friday as mixed U.S. economic data causedsome investors to show restraint after a global stock marketrally pushed many bourses to dizzying heights.

MSCI’s broadest index of Asia-Pacific shares outside Japanfell 0.03%, trading just shy of an all-time highreached in the previous session. Australian stocks lost0.31%. Shares in Tokyo fell 0.32%, pulling back from30-year highs.

Futures for the S&P 500 were off 0.12%.

Markets in Greater China and most of Southeast Asia areclosed on Friday for the Lunar New Year holiday. China’s stockand bond markets, foreign exchange and commodity futures marketsare closed through Feb. 17 for the holiday.

Bitcoin surged yet again to a new record highafter BNY Mellon said it will offer custodian services forcryptocurrencies. The dollar headed for a weekly loss,stung by bitcoin’s assent and disappointing U.S. economic data.

Trading in the United States and Europe on Thursday did notmove prices enough to provide much direction, said TomPiotrowski, a market analyst at CommSec in Sydney.

“We didn’t get much of a lead-in from the northernhemisphere,” Piotrowski said. “Markets are in a bit of a holdingpattern waiting for the next catalyst and it is just a questionof whether that catalyst is going to be a positive one or anegative one.”

World stock markets were holding close to record highs onThursday as investors weighed some tepid economic data againstincreasing vaccinations against COVID-19 and the prospect thatmore government spending and continued cheap money from centralbanks will drive higher growth and, eventually, inflation.

The MSCI world equity index, which tracksshares in 49 countries, fell 0.12% on Friday, also pulling backfrom a record high.

On Wall Street, the Nasdaq and S&P 500 ekedout gains of 0.4% and 0.2%, respectively, while the Dow JonesIndustrial Average slipped 0.02%.

Prices held near records as investors bet on more governmentspending, although enthusiasm was tempered when U.S. PresidentJoe Biden said that China was poised to “eat our lunch,” raisingfears of renewed strain on Sino-U.S. ties.

U.S. weekly unemployment claims fell less than expected andcore consumer prices rose at a slower pace, which caused sometraders to temper the optimism about the economic outlook.Cryptocurrency bitcoin reached a record high of$49,000 before paring gains to trade up 0.57% at $48,282. BNYMellon said it will form a new unit to help clients hold,transfer and issue digital assets.

That came just days after Elon Musk’s Teslarevealed it had bought $1.5 billion worth of the cryptocurrencyand would soon accept it as a form of payment for its cars.

Spot gold fell 0.22% to $1,821.86 per ounce. U.S.gold futures fell 0.19% to…



Read more:GLOBAL MARKETS-Asian shares stuck in holiday lull, bitcoin powers higher

Related articles

The Absolute Worst Way to Invest in Bitcoin | The Motley Fool

The Absolute Worst Way to Invest in Bitcoin | The Motley Fool

February 24, 2021
Bitcoin plunges 18% as investors grow wary of record-breaking rally

Bitcoin plunges 18% as investors grow wary of record-breaking rally

February 23, 2021
Tags: Bitcoinbitcoin news todayGlobalhigherholidayLullMARKETSAsianpowerssharesStuck

Related Posts

The Absolute Worst Way to Invest in Bitcoin | The Motley Fool

The Absolute Worst Way to Invest in Bitcoin | The Motley Fool

by Bitcoin Market
February 24, 2021
0

If you think the 11-month rally in the three major stock market indexes is impressive, you probably haven't been...

Bitcoin plunges 18% as investors grow wary of record-breaking rally

Bitcoin plunges 18% as investors grow wary of record-breaking rally

by Bitcoin Market
February 23, 2021
0

Dado Ruvic/Reuters Bitcoin plunged as much as 18%, to $45,000, on Tuesday before slightly paring some losses as sky-high...

Bitcoin has ‘upside’ but still considered a ‘risky investment’

Bitcoin has ‘upside’ but still considered a ‘risky investment’

by Bitcoin Market
February 23, 2021
0

The survey found one-in-three crypto investors made their first investment in Bitcoin or other virtual currencies after the stockmarket...

‘Retail suckers’ with FOMO will eventually get crushed on Bitcoin, says Roubini

‘Retail suckers’ with FOMO will eventually get crushed on Bitcoin, says Roubini

by Bitcoin Market
February 22, 2021
0

TipRanksBillionaire Ray Dalio Places Bet on 3 “Strong Buy” StocksWhen billionaire financier Ray Dalio makes a move, Wall Street...

Market Outlook: Bitcoin hits fresh record high, stocks sell off early

Market Outlook: Bitcoin hits fresh record high, stocks sell off early

by Bitcoin Market
February 22, 2021
0

 Rising bond yields begin to cause concernPrice rises beginning to feed through with commodities at the vanguardCautious UK lockdown...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Bitcoin boom backstopped by central banks’ easy-money policies

Bitcoin boom backstopped by central banks’ easy-money policies

February 4, 2021
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
Argo Blockchain begins trading on OTCQX market

Argo Blockchain begins trading on OTCQX market

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Argo Blockchain begins trading on OTCQX market

Argo Blockchain begins trading on OTCQX market

February 24, 2021
Ark’s Cathie Wood says she’s still ‘very positive’ on bitcoin – helping the price

Ark’s Cathie Wood says she’s still ‘very positive’ on bitcoin – helping the price

February 24, 2021
Bitcoin Group SE with strong start into 2021- Integration of Bitcoin Deutschland AG

Net Asset Value(s)

February 24, 2021
Shaktikanta Das | cryptocurrency: RBI governor Shaktikanta Das voices ‘major

Shaktikanta Das | cryptocurrency: RBI governor Shaktikanta Das voices ‘major

February 24, 2021
Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for

Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for

February 24, 2021
Bitcoin bounces back, surging above $50,000 after more buying from Square

Bitcoin bounces back, surging above $50,000 after more buying from Square

February 24, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$49,513.004.20%
  • bitcoin-cashBitcoin Cash(BCH)$532.274.71%
  • binance-coinBinance Coin(BNB)$254.0711.73%
  • bitcoin-goldBitcoin Gold(BTG)$28.136.81%
  • bitcoin-privateBitcoin Private(BTCP)$0.8307.94%
  • blocktixBlocktix(TIX)$0.0200.00%