Daily summary of Digital Currency trends (2024-12-18)
K33 research director Vetle Lunde posted on X platform, saying: "In the USA, the managed asset scale of Bitcoin ETF (129.3 billion USD) has surpassed that of Gold ETF (128.9 billion USD). Although Gold had a 20-year first-mover advantage, it has now been overtaken."
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Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
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U.S. stock market closing | All three major indexes fell, with the Dow experiencing nine consecutive declines; Tesla rose over 3% to reach new highs, and Quantum Computing concept stocks surged again, with QUBT skyrocketing over 51%.
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
The USA quantum computing stock closed up over 50%, and rose more than 13% in after-hours trading! The company received a NASA contract to address phase expansion issues.
① The U.S. stock quantum computing company (QUBT) surged again on Tuesday, rising 65% the previous day; ② The company announced that it will use its entropy quantum computer Dirac-3 to solve phase unwrapping problems for NASA; ③ Dirac-3 is based on quantum optics and photonics technology, capable of handling up to 949 variables, making it suitable for solving discrete optimization problems involving extensive search and computation.
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