That is the shoes, right . The shoe extension . Francine i dont know if you can hear it, but it is a neighbors. It wont last very long. Hammeringtle bit of there. We welcome all of you here, to the realities of the pandemic. The pandemic is front and center, but there is a lot of other news. I would note pacific rim currencies continue strong. Francine they certainly do, and there is quite a lot going on also in pound talks, so lets not forget brexit and the u. K. E. U. Relationship. Les get to first word news with ritika gupta. Ritika the Trump Campaign is abandoning demands that almost 700,000 is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning demands that almost 700,000 mailin ballots be thrown out because observers were kept too far away from the count. The challenge is now against a far smaller number of ballots, almost certainly just a fraction of bidens lead in the state. Joe biden is Meeting National security experts, but his
A doctor returns to the hospital. Good morning, everyone. Tom keene in new york, guy johnson in for Francine Lacqua and london. We say good morning to all of you. It has been an extraordinary come historic we can. The queens speech, the Prime Minister hospitalized as well. Tell us about london. Tell us about the mood monday morning in london. Guy lets talk first of all about what is happening with the Prime Minister. Under u. K. Rules, there is no Vice President , there is no vice Prime Minister. So what is happening here is heominic raab has been will chair todays cobra meeting, the emergency cobra meeting, and he is effectively in charge of the government. Boris johnson is still in charge of the government, but with him hospitalized, there are growing calls that the Prime Minister needs to take a step back. The understanding is that he has been put into hospital for precautionary reasons, but we will wait to see the exact details. There is no new information be on the news that he ha
Bitcoin bounces strongly after hitting lowest since early March
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It rose as much as 9.1% to $52,518 and was trading around $52,000 in Hong Kong
Bitcoin rallied Monday as investors took advantage of the lowest levels in seven weeks to pile back into the cryptocurrency.
The largest cryptocurrency is on track for its biggest gain since March 13 after dropping as low as $47,079 in early Asia trading before rebounding. It rose as much as 9.1 per cent to $52,518 and was trading around $52,000 as of 10:22 am in Hong Kong.
“The world is moving from centralized to decentralized; if you believe in that theme, it means the drop is a great buying opportunity,” said Michael Sikorsky, chief executive officer and founder of Copia Wealth Studios, in a note Friday. “Volatility has always created opportunity, and people keep being surprised by the new highs month over month and year over year.”