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Bitcoin Jumps Above $7,000 with an Influx of Retail Interest

▪ The world’s leading cryptocurrency yesterday went below $6,500 only to climb back above $7,000 in a strong move today.
 ▪ Bitcoin rose alongside US equity futures on Thursday that shed some losses from a day earlier as investors gauge the extent of damage caused by the coronavirus.

The major European indexes went green while shares fell in Japan and Hong Kong with China seeing modest gains. The main three US benchmarks climbed after sliding Wednesday amidst miserable data of retail sales. S&P 500 rose 0.63%, Dow 0.19%, and Nasdaq 1.17%.