This day the cryptocurrencies are trading upwards. Bitcoin rises 1.6% while Ethereum registers a rise of 4.4% and is close to a 3-week high. In turn, Binance Coin climbs 5.8% while Cardano rises strongly by 7.1%.
Chinese companies are also partying this Wednesday. Stocks rose on news that Xi Jinping’s government is making good on its promises to be more flexible with the technology sector. So Alibaba’s Cedear believes 11.5%.
The Hang Seng Index hit a five-month high after learning that Ant Group, a subsidiary of the e-commerce company Alibaba, received approval from the Chinese authorities to expand its capital at around US$1.5 billion, at a time when Beijing seems to be easing control over the sector.
this day, New York markets operated with a positive trend and its main index, the Dow Jones Industrials, rose 0.7% to settle at 33,356.04 points. Meanwhile, the selective S&P 500 index registered a rise of 1.1% and the technological Nasdaq gained 1.1%.
Source: Ambito
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