Your Daily Brief For June 26th

Your Daily Brief For June 26th

5 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at what drove bitcoin's price up to its highest level since April.

"It looks like bitcoin investors are getting excited at the prospect of more institutional involvement, but traditional finance's increasing participation could risk disrupting the key tenets of the crypto ecosystem."

Key takeaways:

  • Bitcoin's price rose above $30,000 for the first time since April, thanks to signs of growing institutional adoption
  • Eurozone economic activity came in lower than expected and investors shifted their cash to the US


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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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