Bitcoin market value tops $1 trillion for first time ever as crypto price soars

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These are the last days of small government and the Biden administration will make sure of that


MARKETWATCH FRONT PAGE

The world’s No. 1 cryptocurrency hit a record high on Friday, propelling it to a market value above $1 trillion for the first time ever. See full story.

Only 50 people are known to have contracted COVID-19 more than once — but new strains have medical experts on high alert

It’s very rare for someone to get infected with COVID-19 a second time, but the few confirmed cases of reinfection tell us that immunity to the virus isn’t guaranteed and vaccines could become a regular part of our medical care going forward. See full story.

The rational bubble is turning irrational — and the next few weeks are critical, strategist says

The action this week has been centered on the bond market, not the stock market, as Treasury yields have climbed in reaction to the progress on a new stimulus package as well as the global rollout of vaccines. See full story.

GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

Robinhood CEO Vlad Tenev discussed average account sizes and user demographics during a congressional hearing on GameStop’s rise and fall. See full story.

3 in 4 Americans admit they’re ‘hibernating’ or ‘sheltering-in-job’ right now

A new survey finds those lucky enough to have jobs don’t intend to leave anytime soon. Here’s why. See full story.

MARKETWATCH PERSONAL FINANCE

‘This doesn’t seem fair to me, but we didn’t discuss how the split would work before the trip.’ See full story.



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