Bitcoin price has not undergone significant changes. The cryptocurrency rate was in the range from $41,600 to $43,800.
At the moment, there are no fundamental factors that would allow Bitcoin to make a breakthrough to the $44,000 mark.
At the same time, bears do not have the opportunity to reduce the price of Bitcoin to $40,000 and fix it at this level. Markets are preparing for the New Year holidays and no important news is expected.
The general situation on world markets and its impact on the Bitcoin forecast and its price
The Dow Jones Industrial Average fell 0.15% and the S&P 500 lost 0.1%.. The Nasdaq index rose 0.2% in trading.
The 10-year US Treasury yield fell to 3.84% in trading. The benchmark fell to 3.88%, remaining near its lowest level since late July.
Oil prices took a breather from their recent rebound as West Texas Intermediate crude futures fell 0.6% Wednesday morning.. WTI price remained above $75 per barrel. WTI price closed at its highest level since late November.
The Euro Stoxx 50 index, a key benchmark for Europe’s corporate giants, posted an impressive 19% gain, recovering from a 12% decline in 2022.
The top performers in the Euro Stoxx 50 Index are some of Europe’s best-known companies, with significant growth that has pleasantly surprised investors.
Italian financial institution Unicredit SpA stood out in particular, with shares up a staggering 84%, demonstrating the bank’s robust business model and strategic initiatives.
Two automakers joined the list of the most successful companies from Italy: Stellantis and Ferrari, whose growth rates increased by 60% and 57% respectively.
German sportswear giant Adidas AG reported a 52% rise in sales, reflecting a world re-engaging with sports and active lifestyles post-pandemic. Software titan SAP SE also saw strong growth, up 43%, highlighting the accelerating digital transformation of global business.
France was not left out in the rally: shares of Compagnie de Saint-Gobain SA and Schneider Electric SE showed growth of 45% and 38%, respectively.. These figures highlight growth in the construction and energy management sectors.
What will the price of Bitcoin be in the near future?