Bitcoin Prices Hit 18-Month High Amid Earnings Reports and Economic Data

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Cointime2023/10/24 05:39

By:Cointime

Investors are expected to remain anxious due to earnings reports from major companies, a busy economic calendar, and concerns over the Israel-Hamas conflict. Bitcoin prices have reached an 18-month high. The Asia-Pacific shares index fluctuated between gains and losses, while European bourses are predicted to open lower. The decline in yields on 10-year notes has impacted the US dollar and provided some relief to the yen.

Flash PMIs from various countries will provide insight into the economic outlook ahead of the central bank meetings. Tech giants Microsoft and Alphabet are set to report earnings, while investors will also be watching Barclays and Kering. London cocoa futures are expected to reach a fourth successive record high.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.

Cryptopolitan•2025/04/16 19:45