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Euphoria all around as Bitcoin vaults above $100,000, stocks hit record highs - REUTERS

DECEMBER 05, 2024

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  • Bitcoin surges to fresh milestone
  • World stocks at record highs
  • French government collapses, euro holds up

LONDON, Dec 5 (Reuters) - Bitcoin broke $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks touched fresh record highs with sentiment bolstered by upbeat comments on the economy from Federal Reserve chief Jerome Powell.
France's government lost a confidence vote late on Wednesday for the first time since 1962, with the far-right and leftist lawmakers joining forces to topple Michel Barnier's government, but the move had been widely anticipated by investors, so the euro, French stocks and bonds were largely steady on Thursday.

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