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Showing posts from December, 2023

Stay Ahead of the Curve with Crypto Current Express

  Top Crypto News of the Week: December Introduction The crypto industry was a mixed bag in the week of December 15-25, 2023. The overall market capitalization of cryptocurrencies fell by 5.4% to $2.1 trillion. However, there were some notable gains among individual cryptocurrencies. Bitcoin Bitcoin, the largest cryptocurrency by market capitalization, fell by 4.3% to $46,000. However, it still outperformed the broader crypto market. Ethereum Ethereum, the second-largest cryptocurrency by market capitalization, fell by 6.2% to $3,600. Altcoins A number of altcoins, or alternative cryptocurrencies, outperformed Bitcoin and Ethereum. These included: Solana: up 15.2% to $125 Avalanche: up 14.8% to $100 Terra: up 13.4% to $90 NFTs The non-fungible token (NFT) market also had a mixed week. The overall market capitalization of NFTs fell by 10.2% to $20 billion. However, there were some notable gains among individual NFT collections. "Empower Your Crypto Journey with Crypto Current Expre

Top Financial Market News of the Week: December

  Stay Ahead of the Curve with Crypto Current Express Introduction The financial markets were relatively volatile in the week of December 15-22, 2023. The US dollar strengthened against most major currencies, while stock markets were mixed. Commodity prices were also mixed, with oil prices rising and gold prices falling. Forex The US dollar strengthened against most major currencies in the week of December 15-22, 2023. The dollar index, which measures the value of the US dollar against a basket of six major currencies, rose 0.7% to 102.2. The dollar's strength was driven by a number of factors, including rising US interest rates and concerns about the global economy. The Federal Reserve is expected to raise interest rates by another 0.5% in March 2023, which is expected to make the US dollar more attractive to investors. The euro fell against the dollar in the week of December 15-22, 2023. The euro fell 0.8% to $1.118. The euro's weakness was driven by concerns about the Europe