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2021.04.25

US stocks and crypto assets are all soaring, concerns about the bubble

With prices soaring in all markets, from housing materials to Bitcoin and stocks, there are new concerns that the world is in a bubble. Timber prices soar to record highs. US home sales have reached their highest levels since 2006, before the housing bubble burst. Stock prices are in a frenzy. Major stock indexes in the US, France and Australia have hit highs one after another, and recently the US S & P 500 stock index and the Dow Jones Industrial Average have hit their 23rd and 21st highests this year, respectively. Recorded.

This frenzy is widespread beyond the traditional markets tracked by Wall Street financial companies. Bitcoin’s market price is now below its highs, but last month it surpassed $ 60,000 for the first time. The market price of Dogecoin soared due to fans posting on Twitter with hashtags such as “#DogeDay” and hit a temporary high.

https://www.wsj.com/articles/wild-market-ride-lifts-everything-from-lumber-to-stocks-to-bitcoin-11619343001

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