Financial markets end the year in a Psychological frenzy

The financial market moves to end the year depicted the true definition of the “roller coaster ride.” Records got broken on the U.S stock market with the biggest Pre-Christmas loss ever, followed by the biggest one day rally ever on the 26th, with Dow posting a gain of almost 1100 point, with another 1000 point swing the following day. The volatility shook up the Cryptocurrencies as well – Bitcoin gave up most of the gains from the last week to drop below the support and staged another rebound which is holding at the time of writing. More details to follow…...