Dowjones Btc Side by side comparison fundamental impact Jan 28
End of month
Fourth quarter earning reports are in
Large companies such as tesla and apple quarterly earnings report shows they exceeding the predicted earnings and showed strong earnings.
Economic data is showing a drop in consumer spending and also the lowest consumer sentiment reading and PCE results in a decade. Retail investors bought a net of $1.66 billion in equities on Wednesday.
Federal Reserve Chair Jerome Powell announced that the central bank will be planning to aggressively increase key interest rates 4 times in a year to go against the rapid rise in inflation.
Federal Reserve plans to scale back monetary stimulus
News of interest hike spooked investors which caused many to pull out.
Many cryptocurrency holders sold their less stable and higher risked coins and averaged out into larger stablecoins such as Bitcoin, Ethereum and Solana.
When the market went down many investors took this as a sign that it is the dip, and they reinvested back by buying the dip.
Fourth quarter earning reports are in
Large companies such as tesla and apple quarterly earnings report shows they exceeding the predicted earnings and showed strong earnings.
Economic data is showing a drop in consumer spending and also the lowest consumer sentiment reading and PCE results in a decade. Retail investors bought a net of $1.66 billion in equities on Wednesday.
Federal Reserve Chair Jerome Powell announced that the central bank will be planning to aggressively increase key interest rates 4 times in a year to go against the rapid rise in inflation.
Federal Reserve plans to scale back monetary stimulus
News of interest hike spooked investors which caused many to pull out.
Many cryptocurrency holders sold their less stable and higher risked coins and averaged out into larger stablecoins such as Bitcoin, Ethereum and Solana.
When the market went down many investors took this as a sign that it is the dip, and they reinvested back by buying the dip.