Market analysis for the week

2 15 2

Another working week has come to an end. The market for high-risk assets closed in the green zone. Last week’s main slogan was “No news is good news”.

🟢 The cryptocurrency market continued its upward movement. The capitalization of digital assets increased by 2.8%. There is a slowdown. Many assets have found their “supports”. Nevertheless, BTC has updated its annual high and finally managed to rise above $38,000 🥳

There were no local short squeezes (at the time of writing). Liquidity seems to be higher.

🟢 The stock market also closed with a profit. The S&P 500 rose by more than 1%, and the Nasdaq by 0.85%. Profit-taking on the NVDA report failed to shake the positive sentiment of market participants. Irrational optimism is growing in some sectors of the US stock market.

Download the App


Related posts