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Market Commentary - BOW 43

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Market Commentary - BOW 43

0xdirmes
Oct 25, 2022
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Market Commentary - BOW 43

www.research.ledgerprime.com

👉 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%)

BOW43 | Ledgerprime
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