CNBC Daily Open: The long-awaited bitcoin stamp of approval
Publishing timestamp: 2024-01-11 02:36:56
Summary
The SEC has approved the creation of bitcoin exchange-traded funds, allowing regular investors to access the cryptocurrency. The price of bitcoin dropped slightly after the announcement. In other news, U.S. stocks ended higher, China is making efforts to attract foreign investments, and the market is awaiting the release of inflation data. There is also discussion about the competition between Tesla and BYD in the electric vehicle market.
Sentiment: MIXED
Tickers: .STOXX, .IXIC, .DJI, .N225, WFC, C, BTC.BS=-USS, .SPX, AMZN, BTC.CM=, JPM, GOOGL,
Keywords: amazon.com inc, nikkei 225 index, united states, prices, jpmorgan drn, dow jones industrial average, stoxx 600, markets, business news, bitcoin/usd bitstamp, citigroup inc, inflation, wells fargo & co, bitcoin/usd coin metrics, world markets, s&p 500 index, banks, nasdaq composite, consumer prices, alphabet inc,
Source: https://www.cnbc.com/2024/01/11/stock-markets-the-long-awaited-bitcoin-stamp-of-approval-.html