CNBC Pro: Bitcoin is expected to rally further. Here’s how the pros are investing
Bitcoin extended its gains Monday, after coming off an eventful week.
As of 12.16 p.m. Singapore time (12.15 a.m. ET), the cryptocurrency had gained 0.21% against the greenback to $118,368.56.
Bitcoin prices
Market watchers CNBC Pro spoke to remained bullish on bitcoin and saw potential for the cryptocurrency to climb even further in the rest of the year.
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— Amala Balakrishner
Here are the opening calls
Waterloo Bridge, in front of St. Paul’s Cathedral, on March 24, 2025, in London, United Kingdom.
John Keeble | Getty Images News | Getty Images
Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Monday.
Futures data from IG suggest a negative start to the new trading week for European bourses, with London’s FTSE 100 seen opening 0.1% lower, France’s CAC 40 down 0.3%, Germany’s DAX down 0.4%, and Italy’s FTSE MIB 0.35% lower.
European markets have been on tenterhooks since U.S. President Donald Trump announced earlier in July that he would impose a 30% tariff on goods imported from the EU starting Aug. 1. The EU has said it hopes to strike a trade deal before then but an agreement remains elusive.
On Sunday, U.S. Commerce Secretary Howard Lutnick called Aug. 1 the “hard deadline” for countries to start paying tariffs, although he also added that “nothing stops countries from talking to us after August 1.”
— Holly Ellyatt
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