Daily comment 19.11.2024

Cryptocurrency Market

  • Total Market Cap: ~$1.2 trillion, with Bitcoin (BTC) dominance at 52.1%.
  • Bitcoin (BTC): Trading at ~$36,800, showing a slight 0.5% increase in the last 24 hours.
  • Ethereum (ETH): Around $2,050, up by 0.45%.
  • Notable Performers:
    • Top Gainer: Safe (SAFE) rose by 19.67%.
    • Top Loser: Aragon (ANT) dropped by 17.38%.
    • New Entrants: Coins like GOATSE and KasPaw were recently listed but showed high volatility.
  • Market Sentiment: The Bitcoin Fear & Greed Index suggests moderate greed, signaling bullish momentum but potential for corrections​

Stock Indices

  • US Markets (Futures at market open):
    • S&P 500: Marginal gains around 0.3%, driven by strong retail sector performance.
    • Dow Jones: Flat, showing cautious optimism as investors await Fed signals on interest rates.
    • Nasdaq: Up by 0.5%, supported by tech earnings expectations.
  • European Markets:
    • Mixed movements, with the FTSE 100 steady, while DAX rose 0.4%.
  • Asian Markets:
    • Nikkei 225 fell by 0.2%, while Hang Seng saw a mild recovery (+0.3%) amid easing regulatory concerns in China