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Daily Analysis: Cryptocurrencies Still in Correction amid Post-Fed Turmoil

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Daily Analysis: Cryptocurrencies Still in Correction amid Post-Fed Turmoil

Introduction

This article was posted on Thursday, 17:08, UTC.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2424 -0.44% DAX 12691 -0.89% WTI Crude Oil 44.52 -0.42% GOLD 1257.00 -1.45% Bitcoin 2278 -7.23% EUR/USD 1.1145 -0.67% The Dollar is up and everything is down after the Fed decision, that’s the short summary of the day, so far, although not all markets agree with the consensus. The US bond market still sees very low rates going forward, despite the Fed’s intentions. Global stock markets are broadly lower, with the NASDAQ leading the way once again, as the tech giants are back in the crosshairs. Banks are outperforming the…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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