News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
No results
1Bitget Daily Digest | Trump elected president, U.S. stocks and BTC reach new highs (November 7)2ETH Price Breakout Could Mean $4,800 ETH Price on the Horizon, Altcoins Surge Imminent as Pioneer Altcoin Flares Green3Bitcoin’s Bull Run: BlackRock’s ETF Inflows and Trump’s Win Drive Prices Past $75,000
Flash
- 21:27All three major U.S. stock indices hit new record highsThe three major U.S. stock indexes closed collectively, the Dow rose 0.59%, this week's cumulative rise of 4.61%; S&P 500 index rose 0.38%, this week's cumulative rise of 4.66%; the Nasdaq rose 0.09%, this week's cumulative rise of 5.74%; are to create a new record high. Among them, the Dow, the S&P 500 index are the largest single-week increase since November 2023, the Nasdaq hit the largest single-week increase in 2 months. Tesla rose more than 8%, this week's cumulative rise of more than 29%, the largest single-week increase since January 2023, the total market value back to $1 trillion; Google fell more than 1%, Intel, Nvidia, Apple, Microsoft, Nifty, Amazon, Meta fell slightly.
- 21:20Institutions: maintain bullish stance on goldGold futures prices fell and are set to end the week lower. Ole Hansen, head of commodities strategy at Saxo Bank, said that precious metals such as gold saw a strong rally in the run-up to the U.S. election. However, gold prices fell sharply after a simultaneous spike in the dollar and yields forced them lower.Hansen sees no reason to change his bullish stance on the precious metal even then. At worst, the past week's pullback was a healthy reaction to weeks of US election-focused buying. He adds that gold will be supported on three fronts: the continued deterioration of the US debt situation as President-elect Trump increases unfunded spending, central bank purchases of more gold reserves, and tariffs fuelling inflation concerns.
- 21:20BTC falls below $76,500The market shows that BTC fell below $76,500, now at $76,499.9, 24-hour gain narrowed to 0.23%, the market fluctuations, please do a good job of risk control.