Bitcoin Soars to $91,500 as Brazilian Stocks Reach All-Time Highs: Market Movers for Thursday
Market Overview: Global markets experienced a quiet session with Wall Street closed for Thanksgiving, leading to cryptocurrencies being the main focus; Bitcoin rose 1.1% to $91,500, while Ethereum and Solana saw slight declines.
Equity Performance: European equities faced modest profit-taking, with the STOXX 50 and STOXX 600 both slipping slightly after three days of gains, while Puma SE surged over 18% due to potential takeover interest.
Economic Insights: Minutes from the European Central Bank indicated a stable policy stance amid firm economic conditions and inflation aligning with targets, supporting expectations for steady interest rates.
Geopolitical Developments: U.S. envoy Richard Witkoff is set to visit Moscow for discussions on a Russia-Ukraine peace framework, as President Putin expressed openness to negotiations based on a proposal from former President Trump.
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