World Market News of the 22 July with FXOpen #crypto #bitcoin #BTC #sp500 #nasdaq #dowjones #futures

☑️ CRYPTO TRADERS BULLISH AS BIDEN BOWS OUT OF US PRESIDENTIAL RACE Bitcoin edged up to the highest level in over a month as traders evaluated the implications of US President Joe Biden’s decision to abandon his reelection bid. The largest digital asset recovered from earlier losses to hover around $68,300 as of 8:42 a.m. in Singapore on Monday as markets reacted to the possibility of a match-up between pro-crypto Donald Trump and Kamala Harris. Teong Hng, chief executive at Satori Research, said he was “expecting a strong year-end rally punctuated by a Trump win.” Source: Bloomberg ☑️ S&P 500 FUTURES TICK HIGHER MONDAY MORNING AFTER WORST WEEK SINCE APRIL S&P 500 futures inched up Monday morning after the broad market index suffered its worst weekly losses since April last week as investors rotated out of megacap technology stocks for smaller names. Futures tied to the broad market index gained %. Dow Jones Industrial Average and Nasdaq 100 futures a