Bitcoin Leaps To Record Above $5300

Futures are indicating a near 1% drop on the open this morning in line with Wall Street, as support at the 6100 point level.

The billionaire investor and bitcoin bull Michael Novogratz said PayPal’s move was "the biggest news of the year in crypto.".

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FTSE 100 index sheds 75 points; PayPal enters cryptocurrency territory; Wall Street starts higher; 2.45pm; Wall Street starts.

The FTSE 100 dropped 112 points, 1.9%, to 5,776.5, and the FTSE 250 tumbled 141 points, 0.8%, to 17,787.8. "The FTSE 100 is.