On December 27, according to 4E monitoring, US stocks fluctuated in the light trading after the Christmas holiday, as the number of initial jobless claims was mixed, failing to change the market's bet on the outlook for the Fed's policy, with only the Dow Jones index rising among the three major indices, while the S&P and Nasdaq edged down. Among the large-tech stocks, only Apple rose, while the cryptocurrency concept stocks generally fell, with MSTR down 4.78% and Coinbase down 1.86%. KULR, a battery and electronic equipment energy management company, announced that it has purchased $21 million worth of Bitcoin and plans to allocate 90% of its cash to Bitcoin, causing its stock price to surge by more than 40%.
The cryptocurrency market generally fell, with MicroStrategy announcing a plan to split and issue more shares to buy Bitcoin, which the market is eagerly anticipating, driving Bitcoin to approach the $100,000 mark early yesterday, reaching a high of $99,963, before falling back, and currently fluctuating narrowly above $96,000, with Altcoins also showing a downward trend driven by Bitcoin. On Thursday, the Bitcoin spot ETF saw a net inflow of $419 million, reversing the four-day net outflow trend.
In the foreign exchange and commodity markets, the US dollar index was basically flat, and international crude oil futures settlement prices fell slightly, with the escalating Russia-Ukraine tensions driving safe-haven demand and pushing spot gold to a high of over 0.8% to above $2,640.
Currently, the global financial market is in a period of low trading activity in the year, with many Europeans and Americans enjoying the year-end holidays, and institutions not actively trading, with the market being more driven by retail investors. The cryptocurrency market will see the largest-ever expiration of open interest contracts today, which may exacerbate market volatility. eeee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets, and has recently launched a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing potential hedging options for investors. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.