Bitcoin Daily RSI Soars to 2021 High as Bullish Momentum Remains

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.