Bitcoin dropped below $50,000 again losing 1.8% today, but Ethereum is going up. ETHUSD has gained 1.28% and is attacking $4,400 resistance again. Across the board in the cryptocurrency market bears and bulls clash to push the prices in their direction.
With equity markets rallying on positive Omicron news, the volatility is up. Not only World Health Organization has announced that possibly the new COVID-19 variant causes “mild” symptoms, but today Pfizer and BioNTech announced that initial laboratory tests showed that three doses of their vaccine neutralize Omicron.
Dow Jones (DJI30) jumped 4.69% since December 2, and if the current trend continues, should hit a new all-time high in a few days. Oil and gas are recovered from a steep crash since early November with huge daily price swings.
Forex markets are animated by the end of the year.
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