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Weekly Analysis: Bitcoin Takes on $2000 as Stocks Hit by Trump-Scandal

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Weekly Analysis: Bitcoin Takes on $2000 as Stocks Hit by Trump-Scandal

Introduction

This article was posted on Saturday, 15:27, UTC.

Weekly Recap Asset Current Value Weekly Change S&P 500 2380 -0.45% DAX 12638 -1.22% WTI Crude Oil 50.48 4.77% GOLD 1255.00 2.11% Bitcoin 1985 13.43% EUR/USD 1.1205 2.74%   Global stocks had their most volatile days since the US election in November, as the recent scandal of the new US president sparked a strong sell-off on Wednesday. The major indices recovered well after the slump, although the previously leading NASDAQ lagged the other benchmarks, hinting on a change in the underlying trends. European and Asian equities followed the US market lower, with Japanese stocks being hit hard by the renewed…

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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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