Global markets in 2024 witnessed sharp contrasts, with speculative trading in AI and crypto dominating the scene. Bitcoin reached new heights, breaking $100,000 after the approval of U.S. Bitcoin ETFs in January and Donald Trump’s November victory, further boosting the digital asset ecosystem. ETFs tied to crypto and AI saw a surge, with funds like BlackRock’s Bitcoin ETF drawing significant inflows. China experienced a bond rally driven by eased monetary policies and saw stocks achieve their first annual gain in three years. T-bills outperformed bonds for the fourth consecutive year, though shifts in Fed policy may challenge the “T-bill and chill” trend.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Global markets in 2024 witnessed sharp contrast with speculative trading and AI, crypto
00:08dominating the scene.
00:09Bitcoin reached new heights breaking $100,000 after the approval of U.S.
00:13Bitcoin ETFs in January and Donald Trump's November victory, which further boosted the
00:17digital asset ecosystem.
00:19ETFs tied to crypto and AI saw a surge with funds like BlackRock's eBitcoin ETF drawing
00:24significant inflows.
00:26China expected a bond rally driven by seized monetary policies and saw stocks achieve their
00:32first annual gain in three years.
00:34T-bill outformed bonds for the fourth consecutive year.
00:37Those shifts in Fed policy may challenge the T-bill and chill trend.