This closely-watched number has stubbornly stayed above 800,000 in recent weeks, so the better-than-forecast data is a welcome improvement. That's worth keeping in mind when looking at the recent advance in the price of bitcoin futures (/BTC—see chart above). Energy Energized: It seems that oil prices have some tailwinds that could help keep the Energy sector recovery on track. Meanwhile, another coronavirus vaccine could help get the global economy on its feet and help increase demand for crude. And in the short term, an American Petroleum Institute report showing a bigger-than-expected weekly crude inventory draw has helped boost domestic crude futures.

Source: Forbes December 31, 2020 15:11 UTC