The Trump Tariff Storm is Coming, US Stocks Plummet! Bitcoin Fluctuates and Rebounds
📉 US stocks collectively closed lower, tech stocks were hit hard!
On Wednesday morning, news emerged that Trump might announce tariffs on automobiles, causing a rise in market risk aversion, and all three major US stock indices fell back.
Dow Jones -0.31% 📌 S&P 500 -1.12% 📌 Nasdaq plummeted -2.04% (the largest single-day drop since March 11)
Tech stocks led the decline, with Tesla and Nvidia both dropping over 5%, market sentiment drastically changed!
💥 Bitcoin fluctuated, rebounding strongly after the US stock market closed!
Affected by the US stock market, Bitcoin once fell below $86,000, but quickly rebounded, and as of the time of writing, it was at $87,500, down 0.2% in 24 hours.
Ethereum is still fluctuating around the critical level of $2,000, and other major cryptocurrencies generally saw slight declines.
🔥 Trump announced a 25% tariff on automobiles, and the Federal Reserve issued a warning of impact!
After the US stock market closed, Trump officially announced a 25% tariff on imported cars, and the “reciprocal tariff” policy will become clearer in the coming days. Two Federal Reserve officials also issued warnings about the economic outlook, increasing market risk aversion, which needs close attention!
Under the Trump Tariff Storm, where will the market go? 🔔 Follow Uncle Zhao to grasp the latest market trends!
#ORCA #CRV #BANANA #MKR #ZRO $ORCA $BANANA $ZRO