On an uptrend, Bitcoin smashes above US$123,000
Bitcoin hits an all-time high of US$123,218, continuing its uptrend since April. That added to the picture of a buoyant US market overnight, with stocks broadly ending up. Investors again shrugged off further US tariff threats (against Mexico, Europe and Russia) – evidenced by continuing stasis in the volatility index, a gauge of investor fear. With China increasing exports 5.8% in the first half of 2025, we could get good news from China's industrial activity today. US inflation will be a key focus though, with figures out tonight. Local stocks opened up this morning. That includes…
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