10 min listen
Bitcoin rallies on supply squeeze - but the European Central Bank sows doubts
Bitcoin rallies on supply squeeze - but the European Central Bank sows doubts
ratings:
Length:
12 minutes
Released:
Feb 29, 2024
Format:
Podcast episode
Description
While equities traded slightly lower yesterday ahead of some key economic data due today, all the action was around Bitcoin, the largest digital asset, which shot through the USD 60,000 mark, accelerating a rally that has seen it gain 50% in February alone. And Norbert Rücker, Head of Economics and Next Generation Research, puts the latest moves in the energy market into perspective - the main message being that the energy crisis is over.00:00 Introduction by Helen Freer (Investment Writing)00:27 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:59 European energy markets by Norbert Rücker (Head of Economics & Next Generation Research)10:57 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
Released:
Feb 29, 2024
Format:
Podcast episode
Titles in the series (100)
The Fed delivered the clearest signal yet: The US Federal Reserve is willing to tolerate a recession as a necessary trade-off for regaining control over inflation. The US central bank raised interest rates by 75 basis points for the third time in a row, leaving the Federal Funds Rate between 3% an by Moving Markets: Daily News