12/21 (Thursday) morning market trends (compared to the previous day)
traditional finance
- NY Dow: 37,082 -1.2%
- Nasdaq: 14,777 -1.5%
- Nikkei average: 33,675 +1.3%
- USD/JPY: 143.4 -0.04%
- Gold futures: 2,044 -0.3%
- NVIDIA: $481 -3%
- Apple: $194.8 -1%
Today’s rise in the NY Dow paused and it fell for the first time in 10 days. The NASDAQ and S&P 500 have also fallen, and profit-taking has accelerated. There didn’t seem to be anything particularly noteworthy on this day, but there are growing concerns about high prices.
connection: U.S. NASDAQ hits new year-to-date high, 10% higher than previous day in Bitcoin mining company marathon | 20th Financial Tankan
Today’s main market materials are as follows:.
- US Consumer Confidence Index in December rises for the first time since March 2021: Concerns about economic recession recede
- Number of used homes sold in November increased by 0.8% from the previous month due to lower mortgage interest rates
- U.S. bond yields fall across the board, with growing expectations for next year’s interest rate cut
connection: “Bitcoin will reach $80,000 in 2024” Bitwise makes a bullish prediction for the virtual currency market
Important economic indicators/events from this week onwards
- 12/21 (Thursday) 22:30 U.S. quarterly real gross domestic product (GDP, final value)
- 12/22 (Fri) 22:30 US November personal consumption expenditure (PCE deflator)
- US stock market closed for Christmas on Monday, December 25th
connection:Learn about Bitcoin ETFs from the beginning: Explaining the advantages and disadvantages of investing and how to buy US stocks
Virtual currency related stocks
- Coinbase|$161.8 (+0.4%)
- MicroStrategy | $573 (+0.3%)
- Marathon | $22.1 (+0.5%)
Cryptocurrency-related stocks briefly rose significantly as Bitcoin returned to the $44,000 level, but the gains have largely disappeared as the NY Dow declined.
connection:Bitcoin fees reach the highest level since April 2021, and alto market prices such as Polygon (MATIC) fall
Virtual currency market Solana exceeds XRP market capitalization
- Bitcoin: $43,599 +3.2%
- Ethereum: $2,191 +0.7%
- Solana: $81.5 +12.3%
Yesterday, the virtual currency Solana surpassed XRP and advanced to fifth place in the market capitalization ranking. Currently, it has a difference of about $5 billion from BNB, which is in fourth place.
The post U.S. stocks are wary of high prices; the market capitalization of the virtual currency Solana surpasses XRP and ranks 5th | 21st Financial Tankan appeared first on Our Bitcoin News.