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Bitcoin market cap crosses $1trln; oil slips

Simon Osuji by Simon Osuji
February 15, 2024
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Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.
 
Asian stocks rise, dollar eases as markets weigh US rate outlook
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7%
 
Oil slips after large US crude stock build
Brent crude futures fell 34 cents, or 0.4%, to $81.26 a barrel at 0135 GMT
 
Gold near two-month low as traders wary of US rate cut prospects
Spot gold was flat at $1,992.77 per ounce, after hitting its lowest since Dec. 13 on Wednesday
 
US Stocks: Wall Street ends higher, lifted by Uber, Lyft and Nvidia
Uber surged almost 15% to a record high, boosted by a $7 billion share buyback plan
 
Dollar pauses as Fed officials weigh in; yen firm despite GDP surprise
The U.S. inflation data pushed back bets on a first Fed rate cut to the middle of the year
 
Bitcoin market cap crosses $1trln as buyers flood in
Bitcoin’s price reached as high as $52,079 on Wednesday, its latest 25-month high

Gain a deeper understanding of financial markets with Eikon



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