{
}
Despite a recent Federal Reserve rate cut, Bitcoin's price fell sharply, dropping up to 15%, while NASDAQ tech stocks also declined by 3%. Historically, both markets experience a Santa Claus rally, with stocks gaining an average of 1.3% and crypto often seeing more pronounced increases during the holiday season. Analysts suggest that while both asset classes may continue to rise, the volatility in cryptocurrencies can lead to greater losses compared to tech stocks.
Morningstar Investment Management LLC
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
market outlook for tech stocks and cryptocurrencies during holiday season
13:58 24.12.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Stock Market Updates
Government Economic Policies
Industry Mergers & Acquisitions
Energy Sector Developments
Workplace Trends
Funding Rounds & Investments
CEO Changes
AI Applications
Private Equity Deals
Emerging Startups
Fintech Startups
AI Innovations
Global Financial Events
Central Bank Actions
Countries:
Companies:
Apple Inc.
Google Inc.
Tesla, Inc.
Amazon.com, Inc.
Microsoft Corporation
Tesmec S.p.A.
Alphabet Inc.
OpenAI ERC USD
Walmart Inc.
SWIGGY LIMITED
TENCENT
NVIDIA Corporation
Foxconn Technology Co., Ltd.
Hollywood Bowl Group PLC
NASDAQ Composite
Wise plc
Mastercard Inc
Bose Corporation
Mistral 1
Fast Retailing Co., Ltd.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
British Pound Sterling
United Arab Emirates Dirham
Vietnamese Đồng
South Korean Won
New Zealand Dollar
Saudi Riyal
Thai Baht
Australian Dollar
Indonesian Rupiah
Singapore Dollar
Omani Rial
Bahraini Dinar
Qatari Riyal
Algerian Dinar
Egyptian Pound
People: