Stocks Stumble as New Year Brings Volatility
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The stock market has started the year in correction mode, ending a 7-year streak of strong year-end rallies.
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Historical data points to a high correlation between early January performance and the market's trajectory, predicting a tougher year.
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The US dollar has seen its best start since 2015, while the yen dropped sharply due to the economic impact of the recent earthquake.
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Bitcoin could potentially hit $80,000 this year due to upcoming developments like the Bitcoin halving and growing demand.
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Analyst predictions for the S&P 500 index widely differ, ranging from 4,200 to 5,400 points for the year.