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Wall Street has had a quiet session.

Energy, consumer shares weigh on ASX; bitcoin below $US100,000

The Australian sharemarket finished lower on Friday, with every sector bar utilities retreating after the huge rally in US stocks lost momentum overnight.

  • Jessica Yun

Latest

Wall Street has hit more records on Wednesday.

Tech stocks lift ASX after Wall Street savours AI boost

The Australian sharemarket finished higher on Thursday after US stock indexes hit fresh records overnight as tech companies talked up the profit boost from the artificial intelligence boom.

  • Hannah Hammoud
Bitcoin

‘The sky is the limit now’: Bitcoin surges past $US100,000 in Trump rally

The cryptocurrency has boomed following the election victory of Donald Trump, who has promised to usher in pro-crypto regulation in the US.

  • David Swan
In recent days, bitcoin has crept closer to the $US100,000 milestone.

It’s tough to admit, but I was wrong about bitcoin

It doesn’t provide a yield, pay a dividend or have any inherent physical value. It’s not widely accepted as a payment. But in the end, does that really matter?

  • William Bennett
Bitcoin has been turbocharged since Donald Trump’s re-election.

Bitcoin treading water below $US100,000 with big target in sight

Cryptocurrencies ranging from Bitcoin to memecoins have been on a tear since the election of Donald Trump to a second term in the White House.

  • Sunil Jagtiani
RBA governor Michele Bullock says she sees no role for cryptocurrency in the Australian economy.

‘It’s not money’: Bitcoin has ‘no role’ in the Australian economy, says Bullock

RBA governor Michele Bullock has dismissed claims that cryptocurrency is an “alternative currency”, even as the price of bitcoin soars to a high.

  • Shane Wright and Millie Muroi
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Donald Trump said during his campaign he wanted to make the United States “the crypto capital of the planet”.

Buoyed by Trump win, US pro-crypto lobby group opens Australian outpost

‘Stand With Crypto’, a lobby group backed by cryptocurrency exchange Coinbase, is hoping to capitalise on a wave of momentum from Donald Trump’s decisive US election win.

  • David Swan
The latest inflation figures bolstered Wall Street’s bets for another rate cut next month.

ASX breaks three-day losing streak with miners the only weak spot

The Australian sharemarket has made the most of a bright start to close in the green, with banks and IT stocks setting the pace.

  • Rita Nazareth and Kayla Olaya
Wall Street has kicked off the week with more gains.

ASX falls as mining giants decline; Bitcoin hits record

The Australian sharemarket closed in the red on Tuesday, weighed down by mining stocks, which declined sharply for a second day after China’s latest economic package failed to wow investors.

Trump

Donald v Gary: Why the crypto world is so excited about Trump

The crypto market has been set alight by Donald Trump’s election win. What has them most excited is the man Trump has vowed to fire on his first day in office.

  • Stephen Bartholomeusz

Original URL: https://www.watoday.com.au/topic/bitcoin-hqn