Stocks struggle but bitcoin shines

London (AFP) – European and US equities struggled Friday as investors awaited further stimulus and vaccine news, but bitcoin forged a new record as it crept towards $50,000. Bitcoin soared to a new high of $48,930 in Asian trade, after MasterCard and US bank BNY Mellon moved Thursday to make it easier for people to use the cryptocurrency. It later slid back under $48,000. In European equity trading, London and Paris each added 0.2 percent, while Frankfurt was 0.4 percent lower in afternoon trading. “Recent gains brought about from US stimulus and vaccination optimism has faded to bring a more …

Read More

HEDGE accordingly