OneMonth

Alibaba Boosts Hong Kong Stocks to One-Month High: Key U.S. Inflation Data Looming

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Hong Kong, China – Asian stock markets showed mixed movements on Wednesday, with investors cautiously awaiting key U.S. inflation data. The Hang Seng index in Hong Kong stood out, surging on the back of strong gains in tech giant Alibaba. Other regional markets were less influenced by the tepid close on Wall Street, with the focus shifting to the upcoming U.S. data. This information is crucial as it will play a role in determining interest …

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Bitcoin Soars 5% to One-Month Highs Ahead of Halving Event – Is a New Rally Imminent?

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London, United Kingdom – Bitcoin surged by 5% to reach one-month highs on Friday, driven by a surge in buying activity ahead of April’s halving event and a slowdown in outflows from exchange-traded funds, according to analysts. The cryptocurrency reached a peak of $47,705 during the session, the highest level since January, following the approval of the first U.S. listed spot bitcoin exchange traded products by regulators. As of the latest data, Bitcoin was up …

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