Moving Markets

Bitcoin soars alongside record-high US stocks

Nov 12, 2024 · 11 min · 17.3 MB
0:00-11:56

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Stock markets in Europe and the US started the week on a high note, with all three major US indices hitting new record highs. However, the momentum did not carry over to the Asia-Pacific region, where markets fell across the board in overnight trading. Meanwhile, commodities were lower, with gold and oil also bucking the upward trend. In contrast, Bitcoin has been on a tear, rising nearly 30% since the US presidential election last week. To help make sense of the current crypto market landscape, we’re joined by Manuel Villegas from Next Generation Research.

00:00 Introduction by Helen Freer (Investment Writing)

00:27 Markets wrap-up by Lucija Caculovic (Investment Writing)

06:49 Digital assets: Manuel Villegas (Next Generation Research)

10:40 Closing remarks by Helen Freer (Investment Writing)

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