FreeBtcTap - Market Update

​​Frightened by the new coronavirus outbreaks, the S&P 500 today falls by 1%, bitcoin is depreciating by 4%, and during the day the drawdown reached 9% but the rate might change due to new relief bill discussion going on today.

Monday news:

MicroStrategy bought 29,646 BTC for $ 650 million at an average exchange rate of $ 21,925 🤑


Coronavirus: Over 15 Countries Restrict Communication With UK, And EU Approves Pfizer Vaccine


The European Commission has given the go-ahead for the creation of a new auto giant Stellantis by merging the French PSA with the Italian-American Fiat Chrysler


Open positions in BTC futures on CME exceeded the previous record by 42% and amounted to $ 1.47 billion


The Central Bank of China has kept the base rate at 3.85%


📈: Market :📉


📉 S&P 500 - 3,682 (↓ 0.73%)
🌐 Bitcoin - $ 22,816 (↓ 4.23%)
🌕 Gold - $ 1,887 (↓ 0.07%)
⚫️ Oil Brent - $ 50.12 (↓ 4.09%)