[2022.12.23–2022.12.30] #HCN_Q_Bytes
【Market Overview】
✤HCN and #crypto market overview
❤️🔥#Hcoin remained high performers compared with other digital coins as well as major stock markets despite volatile prices in the most recent weeks. Moreover, the daily volume continues to climb.
💥The collapse of #FTX and expected tighten regulation continue the negative impact on digital coins market as Solana and Dogecoin started sinking this week
【Financial market overview】
⚡️US #Fed has raised interest rates throughout the year
🙏The Russia-Ukraine war further worsen the fragile supply chain •
The stock market witnessed the biggest loss since 2008 because of starting sign of economy collapse, i.e. S&P 500 (-19.8%), NASDAQ (-33.7%), Shanghai composite (-14.9%).