BITCOIN PRICE STARTS THE YEAR WITH BULLISH SENTIMENT
The first bitcoin block, also known as the genesis block, was mined on January 3, 2009 at 18:15:05 UTC. 15 years have passed and the value of bitcoin is in the tens of thousands of US dollars.
On January 3, 2024, the price was already above 45k, giving hope to the bulls that 2024 will be no less successful. If in the coming 2024 BTC/USD repeats the progress of last year, this will mean exceeding the psychological mark of USD 100,000 per coin.
Source: FXOpen
STOCK FUTURES FALL OVERNIGHT AFTER NASDAQ REGISTERS WORST DAY SINCE OCTOBER
Futures tied to the Dow Jones Industrial Average slipped 35 points, or 0.08% while S&P 500 futures and Nasdaq-100 futures also fell 0.09% and 0.14% respectively.
Stocks started the new calendar year on a sour note, with the S&P 500
falling 0.6% and the 30-stock Dow finishing less than 0.1% higher in regular trading. The Nasdaq Composite dropped more than 1.6% for its worst day since October, dragged down by major technology stocks and a nearly 4% decline in Apple after Barclays downgraded the iPhone maker.
Source: CNBC
OIL PRICES FALL AS TRADERS MONITOR RISING TENSIONS IN RED SEA
Oil prices fell on Tuesday despite tensions in the Red Sea, a crucial waterway for global trade.
The West Texas Intermediate contract for February lost $1.27, or 1.77%, to settle at $70.38 a barrel. The Brent contract for March shed $1.15, or 1.49%, to trade at $75.89.
Crude prices had jumped more than 2% earlier in the trading session on escalating tensions in the Red Sea, a crucial global trade chokepoint.
Maersk said it will pause shipping through the Red Sea until further notice after one of its vessels came under attack
Iran has deployed a destroyer to the Red Sea without elaborating on the details of the warship’s mission
Source: CNBC