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Bitcoin breaks $50,000 for first time since 2021
Bitcoin breaks $50,000 for first time since 2021
by  AFP

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand. By 0330 GMT Tuesday, bitcoin had dropped slightly, to $49,950.

Asian markets rise as traders return, eyes on US data
Asian markets rise as traders return, eyes on US data
by  AFP

Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day. Expectations inflation will come down to the Fed's two-percent target this year, allowing the bank to ease monetary policy, have been a key driver of a market rally that has pushed the Dow and S&P 500 to multiple records this year.

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