More big financial policies coming out of the US have had a major impact on the stock markets leading to promising gains for risk assets, but less so for safe havens like precious metals and the US Dollar. In the cryptocurrency space, Bitcoin has rebounded after looking like it was ready to collapse, but that rebound has now seen it stay quite range bound and rather hand the baton over to Ethereum and other altcoins. Ethereum is above $2,000 for the first time and its performance, based upon its technical improvements, could even see the second largest coin by market cap outperform Bitcoin in the near-term as BTC struggles to break $60,000. The next moves for both the traditional and crypto markets will be interesting to witness, so why not read our weekly market report to find out more about this week’s expectations?
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