US President Joe Biden tours the Pfizer Kalamazoo Manufacturing Site on Friday in Portage, Michigan.
NEW YORK: Bitcoin hit a new record high on Friday and surpassed US$1 trillion in market capitalization, while European and US equities were mixed as optimism over coronavirus vaccines and stimulus competed with inflation fears.
The digital unit zoomed to another record at around $56,000, meaning that the combined value of all bitcoin now stands above one trillion dollars, according to data provider Coinmarketcap.com.
Oil prices sank meanwhile, as some companies began slowly restarting operations in the US producer state of Texas, where refineries have been hammered by a cold snap.
Meanwhile, data showed that the eurozone’s economy is being hit hard by a new wave of lockdowns but the damage will be less…
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