Market Commentary - EOW 39
Market Commentary - EOW 39
👉General Market Update:
U.S. stocks fell Friday, closing out a losing week, month and quarter as investors wrestled with more signs of persistently high inflation. Stocks had rallied for two months beginning in June as investors hoped that inflation would cool and the Fed would pull back on its aggressive rate increases. Still, price pressures have remained stubbornly high, and Fed officials made clear that the monetary tightening would continue. Last week, the central bank unveiled another supersize rate increase and signaled that additional large rate raises were likely.
👉Crypto Market Update
Global Crypto Market Cap: $979 Bn
Altcoin share of Market: $563 Bn
Crypto Fear and Greed Index: 20 (Extreme Fear)
🔶 BTC - $19.347.74 (-0.89%)
🔷 ETH - $1,324.72 (-0.55%)
🟣 SOL - $32.98 (-2.03%)
🔴 AVAX - $17.19 (-0.83%)
🔵 ADA - $0.432 (-0.75%)
⭕️ DOT - $6.29 (-1.76%)
⚫️ NEAR - $3.56 (-0.75%)
⚛️ ATOM - $12.80 (2.03%)
👻 AAVE - $74.78 (-3.01%)
