European Stocks Rise at the Start of the Week, Bitcoin Nears All-Time Highs

Global markets opened the week on a positive note, with European stocks climbing on the back of falling bond yields,

while Bitcoin continued its rally, approaching record highs amid growing institutional demand.

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Equities
Crypto

Equities

European stocks opened the week’s trading higher, supported by declines in sovereign bond yields in Germany, Italy, and the United Kingdom,

as the corporate earnings season nears its end.
During Monday’s session, the Stoxx Europe 600 index rose 0.3% to 548 points,

buoyed by gains across various sectors despite pressure from energy, utilities, and defense stocks.

The UK’s FTSE 100 climbed by the same percentage to 9,121 points,

while Germany’s DAX held steady at 24,166 points,

and France’s CAC 40 remained unchanged at 7,748 points.

A report from Deutsche Bank indicated that earnings expectations for European companies have fallen by about 10% since the last quarter of 2024.

However, it noted relative improvement, with more than a quarter of companies raising their forecasts in the second quarter,

compared to only 17% that lowered theirs, according to CNBC.

Markets are also watching the approaching end of the three-month trade truce between the United States and China,

which began in May under an agreement to suspend most tariffs for 90 days.

There is heightened anticipation over the future of trade relations between the two nations.

Crypto

In the cryptocurrency markets, Bitcoin extended its gains, approaching an all-time high,
supported by institutional demand amid ongoing trade tensions.

It rose 2.83% to $122,022, nearing its mid-July peak of $123,000.

Ethereum gained 1.35% to $4,306.97, Ripple climbed 2.55% to $3.2671, and Dogecoin advanced 1.91% to $0.2383.

European Stocks Rise at the Start of the Week, Bitcoin Nears All-Time Highs

European Stocks Rise at the Start of the Week

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