PANews reported on January 5 that according to Caixin.com, 2024 will be a bull year for both Chinese stocks and bonds. Among global assets, virtual currencies and US technology stocks performed well. The strong dollar has put pressure on global exchange rates. In terms of global market performance in 2024, the first echelon is mainly scarce assets: cocoa (NYBOT futures price), which has the highest increase, has increased by 169.36% throughout the year, Bitcoin (BTC) has increased by 133.83%, and FAAMNG (the six US technology giants: Facebook; Amazon; Apple; Microsoft; Netflix; Google) has increased by 60.77%. In addition, Ethereum has increased by 53.41% throughout the year, NYMEX natural gas has increased by 45.49% throughout the year, and the Nasdaq index has increased by 30.78%. The annual increase of these assets has exceeded 30%.
Caixin: Bitcoin, FAAMNG and Cocoa are the top performers in the global market in 2024
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