European Stock Markets Retreat As Recovery Concerns Offset U.S. Stimulus Hopes

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On Friday European stock markets traded in negative territory as a reemergence of Covid-19 cases in China pulled back the positive sentiment generated by U.S. President-elect Joe Biden’s $1.9 trillion stimulus plan. The pan-European Stoxx 600 fell 0.3% in early deals, with oil and gas stocks shedding 0.8% to lead losses as all sectors and major bourses slid into negative territory.

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Bitcoin’s Rally Has Retail Investors Flocking To Cryptocurrency Amid Fear Of Missing Out

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Bitcoin’s price record-breaking rally has led to a surge in retail investment interest in the cryptocurrency market. Crypto exchanges such as Coinbase and Binance and online trading platforms including Revolut and eToro have seen a spike in activity recently, as new investors race to capture some of the wild gains in the market.

Read moreBitcoin’s Rally Has Retail Investors Flocking To Cryptocurrency Amid Fear Of Missing Out