US Edition
ASX Set to Rise, Bitcoin Hits Fresh High
4 Articles
4 Articles
ASX set to rise, Bitcoin hits fresh high
Local shares could rise after a flat finish on Wall Street, after US government bond yields eased off early highs. Bitcoin reached a fresh peak. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The bitcoin, the most widely used cryptocurrency, reached a new historic peak on Thursday, at the edge of $112,000, in an environment marked by doubts about the US deficit and the weakness of the dollar.The cryptocurrency reached $111,979 at 17:34 GMT, above the $111,878 it had touched at the beginning of the session, according to Bloomberg data.The bitcoin chained maximums since yesterday. Until Wednesday session, the previous record had been s…
Cryptocurrency has accumulated a revaluation of 18% so far in 2025, while in the 2024 calculation it increased by 120% - this increase occurred especially in the final stretch of the year in the heat of Donald Trump's electoral victory in the United States elections.
Daily Technical Analysis: Bitcoin Breaks a New all-time High Above $112,000
EURUSD continues its uptrend for the past three weeks, reaching a recent high around 1.1360. Since yesterday, the pair has been trading in a sideways/consolidation phase slightly below that high. The moving averages MA(5) and MA(10) are still above the 30 moving average, indicating bullish momentum, but the gap is narrowing, signaling potential exhaustion or a pullback. The MACD line is sloping downward, nearing a potential bearish crossover be…
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