US EditionBitcoin Preserves 12% April Gains But the S&P 500 Steals the Show
4 Articles
4 Articles
Pause in rate hikes, fears of rising inflation, a war whose evolution is still uncertain, the closed Strait of Ormuz and doubts about energy supply. The global economic and geopolitical environment creates the perfect mix for further declines in risk assets. But both the Stock Exchanges and the crypto market begin to dissociate themselves from the war. In April the S&P 500 accumulated an increase of more than 10%, the Dow Jones advanced more tha…
Bitcoin closed April with its best monthly advance in a year as it stood over USD $76,000, but the market’s leading role was for the S&P 500, which reached a new historic peak driven by strong technological results and amid rising inflation signals in the United States. *** Bitcoin recorded a monthly rise of 11.9% in April, its best performance in a year. S&P 500 surpassed 7,200 points for the first time, supported by Google and Apple results. M…
Bitcoin posts strongest monthly gain in a year as S&P 500 hits new high
Bitcoin moved toward the $77,500 zone on Friday as U.S. equities extended fresh records on strong tech earnings, signaling a renewed risk-on mood across markets. The broader rally lent support to risk assets, even as bitcoin’s advance lagged the surge in equities, underscoring a cautious but constructive tone for crypto traders. The S&P 500 touched near 7,220 intraday before finishing the session slightly below that level, buoyed by better-than-…
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