Caixin: Bitcoin, FAAMNG and Cocoa will be the first tier of global market performance in 2024

PANews reported on January 5 that according to Caixin.com, 2024 will be a bullish year for China’s stocks and bonds. Among global assets, virtual currencies and U.S. technology stocks performed well. A strong U.S. dollar has put global exchange rates generally under pressure. In terms of global market performance in 2024, the first tier is mainly scarce assets: cocoa (NYBOT futures price), which has the highest increase, has risen 169.36% throughout the year, Bitcoin (BTC) has risen 133.83%, FAAMNG (the six largest US technology companies: Facebook; Amazon) ; Apple; Microsoft; Netflix; Google) rose 60.77%. In addition, Ethereum rose 53.41% throughout the year, NYMEX natural gas rose 45.49% throughout the year, and the Nasdaq Index achieved a 30.78% gain. The annual gains of these assets all exceeded 30%.