The week got off to a complex start as traders began to weigh more heavily the implications of a new stimulus package and increasingly inflationary monetary policy. Bitcoin is once again on the rebound, just as the Dow Jones hits a fresh all-time high. Other investments, however, such as gold and tech stocks like the FAANG group—Facebook, Apple, Amazon, Netflix and Google—aren’t faring so well.
Most traditional markets reacted positively to expectations that a new stimulus package could provide support to prevent a market crash. During the Trump era, such policies served to keep markets afloat.
With this in mind, the Dollar Index (which measures relative currency strength globally) dawned its fourth consecutive green candle with a growth of 0.32%, marking a recovery from a nearly full-year decline. This is a sign that, in general terms, investors expect a positive performance out of the US economy in the near future, which would in turn help strengthen the dollar’s dominance o
Źródło: https://decrypt.co/60611/bitcoin-52k-dow-record-high-stimulus-expectations
