Bitcoin Hits 7-Week High
Bitcoin climbed toward $95,000 in early January, marking its highest level since mid-November, supported by improving sentiment in the crypto market after underperforming other assets in Q4 of last year. Industry data indicated that options traders are targeting the key psychological level of $100,000 in the near term, though some still expect a potential drop to $80,000. The cryptocurrency’s gains coincided with a broader risk-on rally at the start of the year, which saw global equities and commodities reach fresh highs. Weaker-than-expected US manufacturing data and dovish remarks from a key Federal Reserve official further reinforced expectations of additional rate cuts this year. Meanwhile, investors are weighing the geopolitical fallout from the US attack on Venezuela, amid speculation that the Maduro government may hold a substantial undisclosed bitcoin position while under US sanctions.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





