Bitcoin surged past $70,000, driven by inflows into ETFs and election-related speculation. Anticipations of a Trump victory, favorable to digital assets, and elevated implied volatility ahead of the US election have boosted Bitcoin. Traders are betting it could reach $80,000 by November’s end, supported by strong ETF inflows and a 66% rise in 2024.
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‘Duty on steel to hit exports’
Engineering exporters warned against safeguard duty on steel, claiming it would inflate domestic prices and hinder export competitiveness. They argue domestic steel prices are linked […]