Risk Appetite Increased After Joe Biden's Statements! Bitcoin (BTC) Reaches Above $ 54,000 Again!
The increasing tension after the new president of the USA Joe Biden's statements regarding other countries, especially China and North Korea, caused a volatile course in the US stock markets.
We followed that Dow Jones, S&P 500 and Nasdaq, which showed horizontal movements during the day, rose up to 1.5% shortly before the closing.
Undoubtedly, this activity came after a news flow that increased the risk appetite.
In the ongoing trade wars between the US and China, Biden's harsh statements against China and his call to Putin "the murderer" last week raised the question of whether a new tension is being fired.
**Investors trying to trade anxiously in this tension environment were partially relieved with a statement from the Biden wing today.
Biden said he invited Russian President Putin and Chinese President Xi Jinping to the climate summit he will host in April.**
This invitation, which came in the midst of global tension, was perceived by the markets as a sign of softening and this was reflected in the indices. With the relaxation in the indices and the increase in risk appetite, it rose to $ 54270 in Bitcoin.
Today, there were different news that increased the risk appetite of the investors. The improvement of vaccine developments in the USA was welcomed.
Lifting the age limit for people to be vaccinated in the states created an expectation that many people will be vaccinated in a short time and the effects of the pandemic will disappear sooner. In addition, the Fed announced that it lifted the dividend limit on banks.
Posted Using LeoFinance Beta