For the cryptocurrency market, the external background is favorable
On Monday, December 5, trading in Asia opened with growth in risky assets. The dollar index has updated a minimum. Futures for US indices and Chinese indices are trading in positive territory. China has eased some restrictions to combat COVID-19 after anti-quarantine protests, which has a positive impact on all markets.
In addition, pressure on the dollar is exerted by expectations that the US Federal Reserve System (FRS) will slow down the pace of interest rate hikes at the December 14 meeting.
For the cryptocurrency market, the external background is favorable. All conditions have been created to gain a foothold above $17,350 today. Previously there was a level of $17150, now $17350.
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