🟢 Another working week has come to an end. It was memorable for the massive speeches by Fed members and J. Powell. In fact, we didn’t hear anything new, but it added a bit of volatility to the markets.
🟢 The cryptocurrency market was a pleasant surprise and grew by 6.8%. The main reason for the growth on Thursday was speculation about the adoption of the ETN-ETF from BlackRock. Positive sentiment was also on the market at the beginning of the week, but this news allowed the price to accelerate. BTC has rewritten its annual high at $37,950. Altcoins grew much better. We can’t help but mention SOL, LINK, GAS, and ETH. It seems that these altcoins are starting to catch up with BTC.
🟡 The stock market took the expected breather after last week’s incredible growth. The S&P 500 rose by 0.1% and the Nasdaq by 1.2%. The earnings season is coming to an end, and the market is slowly entering the off-season. Next up is the New Year’s rally (or is it?).
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