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4E: Market liquidity shortage has not yet recovered significantly, and risk assets continue to be under pressure
Editor
2024-12-30 11:03 348
According to news on December 30, according to 4E monitoring, U.S. bond yields were high and U.S. stocks were low last Friday. Technology stocks, chip stocks, and AI concept stocks collectively fell. U.S. stocks fell sharply on Friday but ended up for the whole week. The S&P 500 index fell sharply last week. rose 0.85%, the Dow rose 0.35% for the week, ending three consecutive weeks of decline, and the Nasdaq rose 0.76% for the week. The crypto market continues to fluctuate and fall. Bitcoin fluctuated at the US$95,000 mark over the weekend. It started a new wave of decline last night, reaching a low of US$93,000, a nearly one-week low. Before the deadline, Bitcoin rebounded slightly and was now trading at $93,610, down 1.32% in 24 hours and down 0.9% in the past seven days. The Bitcoin spot ETF once again experienced a net outflow of US$287 million on Friday, with a cumulative net outflow of US$376 million last week. During the period of market shock and adjustment, the CEX platform currency performed brilliantly, the AI ​​Agent hype continued, and capital inflows were obvious. In terms of foreign exchange commodities, the U.S. dollar index rose by about 0.2% last week, close to the two-year high hit the previous week. Supported by the strengthening U.S. economy that suppressed expectations of a Federal Reserve interest rate cut and Trump's tariff threats, the U.S. dollar is expected to have its best annual performance in nine years. Oil prices benefited from the boost in oil demand prospects and the larger-than-expected decline in crude oil inventories, rising by 1.6% for the whole week; spot gold prices were basically flat this week, and have risen by about 28% so far this year. Over the past two weeks, crypto markets have experienced their largest correction since Trump’s election victory. Although Bitcoin has fallen by less than 14%, the decline of many altcoins has been cut in half, and even the gains of some altcoins in this round have been completely wiped out. Bulls have lost confidence and market sentiment has ebbed significantly. At present, it seems that the market liquidity shortage caused by holidays in Europe and the United States has not yet recovered significantly. If the situation fails to improve, the price of Bitcoin may continue to be under pressure. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.
Keywords: Bitcoin
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