Bitcoin Daily RSI Soars to 2021 High as Bullish Momentum Remains
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Written By: Marcus Wang
Edited by: Charmyn Ho
Macro and Overall Risk Sentiment
Despite better-than-expected PPI print and wavering retail sales in December, Nasdaq 100 snapped a long winning streak as investors wait for earning releases from Big Tech in the coming weeks. In contrast, the broader cryptocurrency market has remained bullish, with both BTCUSDT and ETHUSDT gaining 12.1% and 10.0%, respectively, in the past week.