Biden withdraws from the race! Nvidia surged 4%, and the four major U.S. stock indexes all rose! Bitcoin climbs $68,000 higher

This site (120BtC.coM): US President Joe Biden officially announced his withdrawal from the election yesterday, which shocked the world and the US political arena, although it brought uncertainty to the market. However, after the opening of the US stock market last night, the four major indexes all rose, and technology stocks also stopped falling and rebounded. NVIDIA (NVIDIA) rose by more than 4.6%, and TSMC ADR also rose by 2.16%.

The four major U.S. stock indexes closed:

• The Dow Jones index rose 127.91 points, or 0.32%, to close at 40,415.44 points.

• The Nasdaq index rose 280.63 points, or 1.58%, to close at 18,007.57 points.

• The Philadelphia Semiconductor Index rose 210.67 points, or 4.00%, to close at 5,477.83 points.

• The S&P 500 index rose 59.41 points, or 1.08%, to close at 5,564.41 points.

Tesla and Google will release financial reports

It is worth noting that this week, U.S. technology giants Tesla, Google, Qualcomm, etc. will release their financial reports one after another, which is expected to boost the morale of previously sluggish technology stocks.

Tesla is scheduled to release its last quarter financial report after the market close on the 23rd Eastern Time, and will hold a press conference later. Although analysts predict that profits and revenue will decline year-on-year, the demand for electric vehicles will recover and China will rebound. There are signs that the situation may improve in the second half of this year.

Alphabet will also announce its last quarter financial report after the market closes on the same day. Investors may pay attention to the growth rate of its cloud business and updates on its artificial intelligence (AI) plans.

Bitcoin rebounded and climbed up to 68,000

In the cryptocurrency market, after Bitcoin reached a low of $66,576 last night, it seemed to be inspired by the rise in US stocks and began to rebound higher. It reached a high of $68,620 near four o'clock this morning (23) . It fell slightly before the deadline and was now trading at $67,603, down 0.6% in the past 24 hours.

The Ethereum market appears to be much weaker. It was reported at $3,454 before the deadline, down 2.38% in the past 24 hours.

Performance of the Top Ten Tokens

The other top ten tokens have experienced mixed gains and losses. The largest increase is Decline.

USD 107 million has been liquidated across the entire network in the past 24 hours

According to Coinglass data, approximately US$107 million has been liquidated across the entire cryptocurrency network in the past 24 hours, with more than 46,000 people liquidated (long positions account for approximately US$76.79 million) .

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