Bitcoin hits new record high above $70,000; US investor ends Currys chase – business live

7 months ago 30

Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rally

European stock markets are in the red at the open this morning.

They are following the lead of Asian markets, which have slumped. Japan’s Nikkei benchmark index dropped by 2.2% after computer chip stocks fell, after US rivals dropped on Friday.

EUROPE’S STOXX 600 DOWN 0.4%

BRITAIN’S FTSE 100 DOWN 0.4%

FRANCE’S CAC 40 DOWN 0.5%, SPAIN’S IBEX DOWN 0.3%

EURO STOXX INDEX DOWN 0.6%; EURO ZONE BLUE CHIPS DOWN 0.7%

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