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Wall Street's biggest bear thinks Bitcoin will rally to $6,000 - Business Insider

Fundstrat Founder Tom Lee is bearish on the stock market, but expects Bitcoin to extend its record run to $6,000 levels this year. 

"We see Bitcoin gaining from institutional sponsorship, improving transaction platforms and ultimately, greater public adoption," Lee said.

His year-end target for S&P 500 is 2,275, which as per Business Insider is the lowest strategists at major firms tracked by Bloomberg. 

FX option expiries for Aug 21 NY cut

FX option expiries for today Aug 21 NY cut 1000ET (Source DTCC): - EUR/USD: $1.1600(E404mn), $1.1700(E720mn), $1.1795-00(E919mn)  - GBP/USD: $1.2800
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China banks' interbank lending falls for first time since 2010

Bloomberg carried an article today, citing that Chinese banks’ interbank lending for the first time in seven years as the authorities’ campaign to c
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