US equity futures traded flat in the last trading session of the day, set to end a tumultuous year in muted fashion just shy of all time highs alongside global markets which likewise traded at or near record levels.
While global stock markets were muted on the last trading day of 2020 , Bitcoin’s tremendous rally this year refused to pause and rose another 0.3%, briefly surpassing $29,000, up about 50% for the month of December, its biggest monthly percentage gain since June 2019, bringing its year-to-date advance above 300%.
Stocks exposed to cryptocurrencies rose in pre-market trading on Thursday, suggesting the group will end a year of robust gains on a positive note. Among notable crypto stocks, Bit Digital rose 14% before the bell, Riot Blockchain added 5.2%, and Marathon Patent added 7.4%. All three stocks have soared alongside Bitcoin’s rally since early Oct.; in the past six months, Riot has risen more than 630% while both Bit Digital and Marathon are up more than 1,000%