Bitcoin can often provide a useful indicator towards market liquidity and risk appetite. Unfortunately, at the moment, it’s dancing in step with stocks, simply confirming that risk appetite has improved through April, with the crypto up ~15% month-to-date. Trump and his family will be delighted by the performance of the leading crypto.
- We can see Bitcoin make fresh all-time highs before Christmas, not a big call as it’s now only 16% away from that $US109,000 mark.
This morning, we’ve briefly looked at three stocks that made the news at the start of the week for different reasons.