© Reuters. FTSE 100 to open flat, unemployment lower than expected
Proactive Investors –
- to open flat
- Unemployment beats expectations at 3.8% in December
- Bitcoin hits $50,000
Bitcoin rockets above $50,000
Checking in on the cryptocurrency market before stock trading commences, we’ve seen bitcoin (BTC) rocket above $50,000 for the first in over two years.
This is the result of large-scale inflows into newly launched spot-bitcoin exchange-traded funds from the likes of BlackRock (NYSE:) and Fidelity.
The pair peaked at $50,400 in the early hours, but has since crept back to $50,100.
UK wage growth increases 5.8%
of 5.8% to £669, marking the slowest growth in 17 months yet edging past predictions by a narrow margin.
The rise, albeit minimal, surpassed the anticipated 5.6% hike.
Both the public and private sectors witnessed a deceleration in wage growth, dipping to 5.8% and 5.9% respectively from a previous 6.7%.
Excluding…
