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Bitcoin reaches $80,000 and correlates with gold
Bitcoin has reached $80,000, shifting its main reference to gold. Citi analysts highlight an increase in correlation between the two.
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Cox Asset México has issued 800 million dollars in hybrid debt aimed at institutional investors. Demand exceeded 2.5 billion dollars, with a coupon of 8.75%.
Bitcoin has reached $80,000, shifting its main reference to gold. Citi analysts highlight an increase in correlation between the two.
June CPI and results from JPMorgan, Citi, and Wells Fargo shape the week for Bitcoin, which could fall below $60,000 if inflation rises.
27 of 37 analysts do not foresee a date for Banxico's next move; among those who do, opinions are split between a hike and a cut.
JB Capital Markets and Citi raise target prices for Mapfre, Sabadell and Unicaja, but the upside potential is minimal or negative.