Market Brief 13 December, 2024

Good evening, investors and traders! The markets are showing mixed signals today, with the Nasdaq 100 Index (NDX) up 0.68% to 21,777.47, while the S&P 500 Index (GSPC) is down -0.03% at 6,049.65. There's a lot of news to digest, including a major Bitcoin purchase by Riot Platforms, a new AI chip restriction on China, and a lawsuit against Coinbase over the delisting of wBTC. The Bank of England is also demanding that firms disclose their crypto exposure by March 2025. The crypto market is seeing a surge in activity, with several altcoins experiencing significant gains, including VELO, VANA, and PENGU. The overall market sentiment remains bullish, with analysts predicting continued growth for Bitcoin and Ethereum in 2025.