Bitcoin and crypto market analysis for 2020’s last week
In traditional markets, the S&P 500 remained steady throughout the week, finishing on 3,722. In Europe, the STOXX 600 rose marginally, finishing the week on 395. And here in the UK, it was a different story, with ongoing Brexit negotiations and the uncertainty surrounding No Deal sending jitters through the FTSE All-Share; it finished the week on 3,685. In crypto markets, there was a little more movement. Bitcoin flew to an all-time high of $23,586. […]
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Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms of market cap has gained a whopping 159% since January 5, 2020. In fact, many crypto assets have seen spectacular 12-month returns, and the following editorial is a look at the top crypto gainers and the biggest losers in 2020. This year has been a crazy one, to say the least, and while many global economies worldwide shudder, the crypto....
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Good afternoon, the S&P 500 rose steadily through the week to 3,348 by Friday evening as it recovered the ground lost last week. By contrast, the STOXX 600 and FTSE All-Share showed very little signs of life, ending the week much as they started it at 362 and 3,294, respectively. In crypto, bitcoin has continued to show remarkably low levels of volatility, while altcoins had a mixed bag of a week, with Cardano and Binance Coin […]