Five Things You Need to Know to Start Your Day: Europe
Get up to speed with what the markets are monitoring
Good morning. Bitcoin nears its longest run of gains in a year, ECB officials discuss the timing for lower interest rates and Wall Street questions Tesla’s Magnificent Seven membership. Here’s what people are talking about.
Bitcoin is flirting with a winning run last seen a year ago, aided by the record-breaking debut of US exchange-traded funds for the token. The digital asset rose in Asian trading on Monday, poised for a seventh straight daily gain that would mark its longest streak since January 2023. The string of advances come after nine new spot Bitcoin funds began trading in the US on Jan. 11 and have attracted more than $9 billion of investor inflows so far.