Global Stocks Rally on Fed Rate-Cut Bets, Bitcoin Surpasses $91,000

iconBpaynews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

As reported by Bpaynews, global equities extended a four-day rebound amid rising expectations for a December Federal Reserve rate cut, while Bitcoin surged above $91,000. Micron Technology outperformed tech benchmarks, gaining 97.7% in three months, driven by strong demand for AI memory. The dollar weakened as investors priced in policy easing, and UK energy policy extended a windfall tax while approving new North Sea projects. Heathrow’s business rates are set to double, raising concerns over travel costs. China’s robotics sector faces R&D funding challenges, while REITs expansion is being considered to support urban renewal.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.