Last Monday of this 2021, and last summary, of this year, of our page dedicated to News and Analyses of the markets: www.etoro.com/news-and-analysis/
To finish this year with the best vibes, we invite you to explore the most relevant market news of the past week.
3,2,1...Here we go!
- 𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐨𝐮𝐧𝐝𝐮𝐩: As buyers did their last-minute shopping on Christmas Eve, Bitcoin hit $50K and the crypto market turned a festive shade of green. By Christmas morning, Aave and SushiSwap had gained almost 50%, and the majority of tokens across the decentralized finance (DeFi), meme coins, and metaverse segments were enjoying double-digit gains. Want to know more about Crypto news? ➡ www.etoro.com/news-and-analysis/crypto/altcoins-sparkle-as-santa-delivers-50k/
- 𝐖𝐞𝐞𝐤𝐥𝐲 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: This weekly classic presents to you the Top Five Market Winners from this past week and Top Five Market Losers as well. Also, we invite you to read our highlights and lowlights of the last week and what’s in store for this week ➡ www.etoro.com/news-and-analysis/stocks/another-wild-week-on-wall-street-weekly-stock-market-update/
- 𝐑𝐞𝐭𝐚𝐢𝐥 𝐬𝐞𝐜𝐭𝐨𝐫 𝐡𝐞𝐚𝐭𝐬 𝐮𝐩 𝐟𝐨𝐫 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬, 𝐛𝐮𝐭 𝐰𝐡𝐚𝐭 𝐚𝐛𝐨𝐮𝐭 𝐟𝐨𝐨𝐝 𝐚𝐧𝐝 𝐭𝐫𝐚𝐯𝐞𝐥?: Did you hear those sleigh bells ringing? Christmas was here and the holiday shopping season is at another peak. The tradition of gift-giving is stronger than any virus, and it is safe to say that presents will be given, no matter where the celebrations will be taking place. We invite you to read more about it here ➡ www.etoro.com/news-and-analysis/market-insights/christmas-retail-food-and-travel/
This 2021 is coming to an end, but we hope to see you next Monday in our weekly post, and with fresh airs of this 2022, that is just around the corner!
We wish you a happy end of the year!
- The eToroTeam... Show More
Bitcoin seems to be forming a Rounding Bottom Formation, which is a reversal chart pattern (bullish). Also, in the weekly chart, the last close formed an engulfing candle, which has engulfed the previous two weeks worth of downside. Another technical signal of strenght. We must always be cautious short-term,... Show More