Weekly Market Report
NASDAQ-Global Leading Tech
The NASDAQ Index corrected by 5.49% and closed at 29, 187 in the last week.
JD.com & CoStar were the strongest stocks for the week, rising around 30% & 9% respectively.
The NASDAQ Index is expected to consolidate this week.
CRYPTO
What is the general sentiment for Crypto?
The sentiment towards the cryptocurrency market stays in the GREED zone. Compared to last week, the Fear & Greed Index decreased from “69” at “59”.
CVDD-TOP CAP PRICE CHART INDICATOR
Bitcoin is expected to gain this week. As per the Terminal price model, Bitcoin’s cycle top price prediction is around $299,000 and Bottom is around $50,000.
Bitcoin chart
$BTC corrected 1.98% and closed at 82.11K in the last week. Bitcoin is expected to gain this week.
ETH/USDT
$ETH corrected 5.05% and closed at $2407 in the last week. ETH is expected to gain in the coming week
Strong momentum tokens to watch for – NEAR & INJ.
NIFTY
The Nifty50 Index gained by 2.78% and closed at 23,146 in the last week. The Nifty Index is expected to gain from here.
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