Cryptocurrency-related stocks rebound, mining stocks rise more than 10%, US employment statistics tonight | 5th Financial Tankan

1/5 (Friday) morning market trends (compared to the previous day)

traditional finance

• NY Dow: 37,440 +0.02%
• Nasdaq: 14,510 -0.5%
• Nikkei average: 33,288 -0.5%
• USD/JPY: 144.5 +0.01%
• Gold futures: 2,051 +0.4%
• NVIDIA: $479.9 +0.9%
• Apple: $181.9 -1.2%

Source: CoinPost app

The NY Dow rebounded today, but the Nasdaq continued to fall due to continued selling in IT and high-tech stocks.

The US stock market was in a wait-and-see mood as the December unemployment rate data was expected tonight. Additionally, the December ADP employment statistics and the number of new U.S. unemployment insurance claims released last night once again suggested the firmness of employment.

connection: U.S. stock interest selling continues; virtual currency-related stocks fall due to sharp drop in Bitcoin, etc.

Today’s main market materials are as follows:.

• ADP employment statistics: an increase of 164,000 people, the largest increase since August last year, exceeding the expected increase of 125,000 people
• Number of new U.S. unemployment insurance claims for the week ending December 30th: 18,000 fewer than the previous week, lower than expected
• U.S. Treasury yields rise due to strong labor market, with 10-year bond yields reaching the 4% range
• Apple stock continues to fall for 4th day. Analysts’ investment judgment has been downgraded to “Sell” due to weak iPhone sales and no recovery in Mac, iPad, and Apple Watch (see Minkabu)

connection: How to use “aggressive NISA” for young people: U.S. stocks & ETF accumulation edition

Important economic indicators/events from this week onwards

• 1/5 (Fri) 22:30 U.S. December unemployment rate
• 1/17 (Wed) 22:30 US December retail sales
• 1/25 (Thu) 22:30 U.S. 4th quarter real GDP

connection:
Learn about Bitcoin ETFs from the beginning: Explaining the advantages and disadvantages of investing and how to buy US stocks

Cryptocurrency-related stocks rebound

• Coinbase｜$155.6 (+2.2%)
• MicroStrategy | $655.8 (+3.9%)
• Marathon Digital Holdings | $26.2 (+12.1%)
• Stronghold Digital Mining | $7.4 (+16.3%)

Cryptocurrency-related stocks and Bitcoin (BTC) have rallied on expectations that a Bitcoin spot ETF could be approved as early as this Friday, US time.

connection:Is Bitcoin ETF listing application likely to be approved? TechCrunch reporter

Virtual currency market

• Bitcoin: $44,330 +3.8%
• Ethereum: $2,272 +3.2%

connection: Will a Bitcoin spot ETF finally be born in the US this year? Summary of 2024 virtual currency market predictions

connection: TOP 20 virtual currency market capitalization and domestic tokens, fluctuation rate in 2023

CoinPost Special feature for virtual currency beginners

We have introduced the “Heat Map” function to the CoinPost app for investors!
In addition to important news about virtual currencies, you can also see at a glance exchange information such as the dollar yen and price movements of crypto asset-related stocks in the stock market such as Coinbase.

■Click here to download the iOS and Android versions
https://t.co/9g8XugH5JJ pic.twitter.com/bpSk57VDrU

— CoinPost (virtual currency media) (@coin_post) December 21, 2023

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