market update

week 21

Week 21 – Fundamental and technical analysis

Fundamentals and expected events: week 21 Crypto markets: Fear has returned to the crypto markets as the Fear and Greed index dropped down to level 10, meaning extreme fear. The crypto-ecosystem as a whole has taken a dive following not only the macroeconomic data and also an upcoming correction on from the “free money” era…

week 20

Week 20 – Fundamental and technical analysis

Fundamentals and expected events: week 20 Crypto markets: Crypto markets experienced a very turbulent week and now seem to calm down a bit. Bitcoin jumped to above $31,000 but was quickly stopped in its tracks and was turned back below the $30,000 line, where it bounced and now is trading above that line again. Most…

news

Markets and news: May 12, 2022

News in brief US stocks have had another negative session. The S&P500 has written off 1.65% and is down 7.32% in the last five days. The Nasdaq then fell 3.18% yesterday and is down as much as 12.35% in the last five sessions. The market continues to be very nervous. Fuel prices on the Rotterdam…

week 18

Week 18 – Fundamental and technical analysis

Fundamentals and expected events: week 18 Crypto markets: After not so good weekend, when Bitcoin marked the multi-week low yesterday, Bitcoin managed to bounce back and spiked by almost $2,000 in the following hours. Most altcoins are also slightly in the green following the recent corrections. Total market capitalization also slightly recovered and is now…

blog dailynews15

Markets and news: May 4, 2022

News in brief The EC is proposing to gradually cut EU countries completely off from Russian oil supplies by the end of the year. The EC has also proposed shutting off Russia’s largest bank, Sberbank, and two other institutions from the SWIFT international payment system. The Fed is expected to raise the key dollar rate…

news

Markets and news: May 6, 2022

News in brief US indices had their worst day since the coronavirus outbreak in March 2020. Sentiment was particularly negatively affected by a further rise in bond yields. At the close of trading on the New York Stock Exchange, the Dow Jones fell by 3.12%, the S&P 500 by 3.57% and the NASDAQ Composite by…

week 19

Week 19 – Fundamental and technical analysis

Fundamentals and expected events: week 19 Crypto markets: Bitcoin and the overall crypto market continues to weaken in correlation with declines in technology titles within the major US indices. Sales are driven by persistent concerns about high inflation and looming stagflation, rising dollar rates, and especially disappointing corporate results for some technology sector leaders. There…

week 17

Week 17 – Fundamental and technical analysis

Fundamentals and expected events: week 17 Crypto markets: The week did not start well for most cryptucurrencies. With only a few exceptions the markets are deep in red numbers, lead by Bitcoin and Ethereum. The crypto market cap is down by about $80 billion in a day and struggles beneath $1.8 trillion. Bitcoin fell to…

trading, week 25, morning, week 16

Week 16 – Fundamental and technical analysis

Fundamentals and expected events: week 16 Crypto markets: While yesterday Bitcoin dumped to a monthly low beneath $39,000, and the crypto market cap declined by about $80 billion in a day, there is a bounce back today with Bitcoin gaining back the important level of $40,000 and reaching well beyond it. Most other altcoins are…

market, week 21, XLM

Markets and news: April 8th, 2022

Markets Despite continued drop on the European markets, most indices managed to end yesterday’s trading slightly higher. Crypto markets acted in correlation with financial markets and reported a recovery and slight gains as well in the morning, before turning back to red. It seems that the markets are now waiting for further news about the…

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