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Bitcoin surges to new record above $US52,000, Australian shares to fall – ABC News

Bitcoin soars to yet another record high as analysts warn about the sustainability of this bubble, the Australian share market is expected to fall, while ANZ, Origin…

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Australian shares are expected to drop following a volatile session on Wall Street, while bitcoin has surged above $US52,000  a new record high.
ASX futures were down 19 points (-0.3pc) to 6,806 by 8:10am AEDT.
The Australian dollar was steady (-0.1pc) at 77.5 US cents.
Brent crude oil futures jumped (+1.6pc) $US64.33 a barrel, while spot gold fell (-1.2pc) to $US1,772.96 an ounce.
Several major companies have reported their earnings today, including ANZ, Origin Energy and Wesfarmers.
Biotech firm…

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