Digital tokens and commodities were mixed, while other asset classes were unchanged or higher. Bitcoin made the largest gains, rising 34.0% to close at 264.8 grams, a new all time high. The largest losses were in silver, which fell 2.6% for the week, closing at 0.4 grams per ounce.
The Japanese Yen was the weakest currency, unchanged for the week. The strongest currency was the US Dollar, which gained 1.2% to close at 24.4 mg. Long term and short term bonds rose 1.0% each. Both were outpaced by notes of zero maturity (USD cash).
Bitcoin worked it's way higher all week, starting at just under 200 grams, and closing at a new all-time high of 264.8 grams on Friday, a gain of 34.0%. The rising momentum has continued, setting more record highs and leaving Bitcoin at 283.7 grams as of Monday the 4th. Ethereum made a new all-time high on Monday the 27th at 11.5 grams, but by Wednesday had fallen 10.2%, to 10.4 grams. ETH recovered on Thursday and Friday, finishing the week at 11.4 grams, down 0.6%.
Gold stocks were little changed, down 0.1% for the week, and European STOXX were unchanged. The Dow Industrials gained the most, adding 4.1%. The S&P 500 rose 2.7%.
Cotton was the strongest commodity, rising 3.1%. Coffee and palladium were also strong, gaining 2.8% and 2.7% respectively. Silver was off 2.6%, while copper fell 2.0%, but platinum rose 1.1%. Crude oil rose slightly, finishing up 0.2% for the week.
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