Author Archive

Jihye Lee & Lim Hui Jie

Asia-Pacific markets are set to rise after the S&P 500 hit a new high for 2023 and the Dow Jones Industrial Average saw a third straight day of gains.

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Holly Ellyatt

This is CNBC’s live blog covering European markets.

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Jihye Lee & Lim Hui Jie

Asia-Pacific markets were largely lower on Tuesday, tracking moves on Wall Street after the S&P 500 erased earlier gains that brought the benchmark index to trade at its highest level on an intraday basis in nine months.

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The Bitcoin price has dropped by 1.5% today, falling to $26,244 as the cryptocurrency market continues to teeter in the face of a possible US debt default.

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S&P 500 futures ticked lower Friday morning as investors awaited signs of progress on debt ceiling negotiations and a batch of economic data that can provide insight into the path of inflation.

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The price of Dogecoin (DOGE) has risen by 1.5% in the past 24 hours, climbing to $0.073251 as the cryptocurrency market gains by a similar percentage.

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Stock futures fell Tuesday after a key debt ceiling meeting between President Joe Biden and House Speaker Kevin McCarthy.

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Bitcoin, the leading cryptocurrency in the market, has been experiencing a period of consolidation, where its price has been range-bound and showing limited volatility. 

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Stock futures were little changed on Monday morning as traders monitored the negotiations over the U.S. debt ceiling as government officials scramble to avoid a default.

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As Bitcoin mining difficulty hits an unprecedented high, the cryptocurrency’s future price trajectory comes into focus. 

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