Market Commentary - BOW 43
👉 General Market Update:
U.S. stocks gained on Monday as investors focused on encouraging signs from corporate earnings and hopes that the Federal Reserve would slow the pace of interest-rate increases.
Last week, the Dow notched its best three-week stretch since November 2020, offering investors a reprieve from the selling pressure that has whipsawed portfolios this year. The rally was kicked off, in part, by a batch of corporate earnings—particularly from banks and airlines—that offered an encouraging outlook on the U.S. economy. Stocks then raced higher on the possibility of shifting to smaller interest-rate increases in December.
👉 Crypto Market Update
Global Crypto Market Cap: $985 Bn
Altcoin Share of Market: $614 Bn
Crypto Fear & Greed: 20 (Extreme Fear)
🔶 BTC - $19,585.89 (2.34%)
🔷 ETH - $1,400.78 (5.01%)
🟣 SOL - $30.20 (4.51%)
🔴 AVAX - $16.42 (3.43%)
🔵 ADA - $0.3748 (4.46%)
⭕️ DOT - 5.83 (0.15%)
⚫️ NEAR - $2.90 (3.56%)
⚛️ ATOM - $11.70 (3.98%)
👻 AAVE - $83.02 (2.72%)
