#USConsumerConfidence As of January 2025, US consumer confidence was down, with the University of Michigan's Index of Consumer Sentiment (ICS) at 71.1. This is a decrease of 3.92% from the previous month. Explanation The ICS is based on surveys of a random sample of US households. The ICS measures consumer sentiment on topics like business conditions and personal finances. The ICS tends to be low during recessions and high during economic expansion. Recent trends In December 2024, the Conference Board's Consumer Confidence Index dropped to 104.7. This was a decline of 8.1 points from the previous month. In January 2025, the University of Michigan's ICS fell to 73.2, which was below expectations. In January 2025, consumers' short-term inflation expectations increased to 3.3%, which was the highest level since May 2024
#CryptoSurge2025 Bitcoin surged back into the $105,000 range, briefly touching $109,000 on Saturday, as the cryptocurrency market regained its momentum ahead of Donald Trump’s second-term inauguration.
The former US president has signaled strong support for the digital asset industry, fueling investor optimism. Now, Bitcoin is valued at $105,047, up 1.86%, with a fully diluted market cap of $2.08 Trillion.
The week started off slow as Bitcoin dipped below $90,000 due to uncertainty surrounding US Federal Reserve policies. However, reports of a potential rate cut sparked renewed positive momentum.
#BinanceLaunchpoolBIO Stock returns are higher on the trading day before a holiday. Optimism and reduced short selling: Traders may be in a good mood and less likely to short sell before holidays. Lower trading volume: Easier to move prices with lower trading volume before holidays.3 days ago https://www.investopedia.com › sa... Santa Claus Rally: What It Is and Means for Investors - Investopedia Is Christmas a good time for stocks? What is the December effect in the stock market? First introduced by Yale Hirsch in 1972 in his Stock Traders' Almanac, the Santa Rally, also called the December Effect, describes a market trend where stock prices tend to rise during the last five trading days of December and the first two trading days of January.
$BTC Stock returns are higher on the trading day before a holiday. Optimism and reduced short selling: Traders may be in a good mood and less likely to short sell before holidays. Lower trading volume: Easier to move prices with lower trading volume before holidays.3 days ago https://www.investopedia.com › sa... Santa Claus Rally: What It Is and Means for Investors - Investopedia Is Christmas a good time for stocks? What is the December effect in the stock market? First introduced by Yale Hirsch in 1972 in his Stock Traders' Almanac, the Santa Rally, also called the December Effect, describes a market trend where stock prices tend to rise during the last five trading days of December and the first two trading days of January.
#ChristmasMarketAnalysis Stock returns are higher on the trading day before a holiday. Optimism and reduced short selling: Traders may be in a good mood and less likely to short sell before holidays. Lower trading volume: Easier to move prices with lower trading volume before holidays.3 days ago https://www.investopedia.com › sa... Santa Claus Rally: What It Is and Means for Investors - Investopedia Is Christmas a good time for stocks? What is the December effect in the stock market? First introduced by Yale Hirsch in 1972 in his Stock Traders' Almanac, the Santa Rally, also called the December Effect, describes a market trend where stock prices tend to rise during the last five trading days of December and the first two trading days of January.
$BNB On December 17, 2024, Bitcoin surpassed the $100,000 mark, reaching a new high of $101,419. This surge was influenced by the nomination of pro-crypto Paul Atkins as Chairman of the U.S. Securities and Exchange Commission by President-elect Donald Trump, fostering investor optimism for a more crypto-friendly administration.
However, Bitcoin's price has shown volatility. On December 19, 2024, it experienced a drop, decreasing by 3.2% over 24 hours to $103,989, following a record high of $108,267 on December 18. This decline comes as investors anticipate the Federal Reserve's upcoming interest rate decision, expected to result in a 25 basis point cut, with speculation that the rate-cutting cycle may ease in 2025.
On December 17, 2024, Bitcoin surpassed the $100,000 mark, reaching a new high of $101,419. This surge was influenced by the nomination of pro-crypto Paul Atkins as Chairman of the U.S. Securities and Exchange Commission by President-elect Donald Trump, fostering investor optimism for a more crypto-friendly administration.
However, Bitcoin's price has shown volatility. On December 19, 2024, it experienced a drop, decreasing by 3.2% over 24 hours to $103,989, following a record high of $108,267 on December 18. This decline comes as investors anticipate the Federal Reserve's upcoming interest rate decision, expected to result in a 25 basis point cut, with speculation that the rate-cutting cycle may ease in 2025.