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All that glitters is Gold — and Bitcoin
Bitcoin briefly topped $42,000 Monday, hitting its highest level in more than a year. The world’s largest cryptocurrency was lifted by hopes of approval for a bitcoin exchange-traded fund and growing bets on U.S. interest rate cuts. Spot gold prices touched $2,100 an ounce, hitting a record high as investors rushed into the safe-haven asset. Wall Street catches a breath: U.S. stocks markets slipped Monday, with investors questioning if markets climbed too fast, too soon following five straight weeks of gains. The Dow Jones Industrial Average inched 0.11% at close. The S&P 500 dropped 0.54% and the Nasdaq ... (full story)