Weekly Market Commentary (Dec 30 – Jan 7)
This week, Bitcoin regained momentum as it crossed the $100,000 mark again, reaching as high as $103,620 during mid-week trading. Meanwhile, Ethereum showed resilience with steady trading around the $3,600…
This week, Bitcoin regained momentum as it crossed the $100,000 mark again, reaching as high as $103,620 during mid-week trading. Meanwhile, Ethereum showed resilience with steady trading around the $3,600…
Monday🇩🇪GE: Inflation Rate YoY Prel Tuesday🇪🇺EU:Inflation Rate YoY Flash🇪🇺EU:Unemployment Rate🇨🇦CA:Balance of Trade🇨🇦CA:Ivey PMI s.a🇺🇸US:ISM Services PMI🇺🇸US:JOLTs Job Openings Wednesday🇯🇵JP: Consumer Confidence Thursday🇺🇸US: FOMC Minutes🇦🇺AU: Balance of Trade🇩🇪GE: Balance of Trade…
Key metrics: (23Dec 4pm HK -> 30Dec 4pm HK): · BTC/USD -1.9% ($95,300 -> $93,500) , ETH/USD +3.0% ($3,300 -> $3,400) Spot Technical Outlook: · The price action over the…
Bitcoin experienced notable consolidation this week, retreating from all-time highs as year-end liquidity dynamics and a significant Mt. Gox BTC transfer drove price action. The flagship cryptocurrency found support around…
Monday🇪🇺EU: European regulation on Markets in Crypto-Assets (MiCA) Takes Effect Tuesday🇨🇳CN: NBS Manufacturing Thursday🇨🇳CN: Caixin Manufacturing PMI Friday🇩🇪GE: Unemployment Change🇺🇸US: ISM Manufacturing PMI Following the Christmas holiday last week, year-end…