Thursday, January 23, 2025
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HCN Weekly Report 2022/12/23~2022/12/30

[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%).

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