Global Financial Market on April 5, 2025
U.S. Stocks: The Dow Jones index fell more than 2,200 points on April 4, 2025, marking the worst drop since the COVID-19 pandemic. The S&P 500 index also dropped 6%, while the Nasdaq entered bear market territory, down more than 20% from its recent peak. The main cause was China's response with a 34% tariff on U.S. goods after President Trump imposed new tariffs.
European Stocks: The UK's FTSE 100 fell 4.95%, the largest decline since March 2020, due to concerns about a global trade war.
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Asian Stocks: Markets such as Japan's Nikkei and South Korea's Kospi also saw significant declines due to the impact of trade tensions.
Cryptocurrency Market:
Bitcoin (BTC): The current price of Bitcoin is $83,592, a slight increase of 0.64% compared to the previous day. Despite the volatility in traditional financial markets, Bitcoin has maintained relative stability.
Ethereum (ETH): The price of Ethereum reached $1,816, an increase of 0.22% compared to the previous session.
Total Market Capitalization: The cryptocurrency market reached a total market capitalization of $2.79 trillion, an increase of 2.8% in the past 24 hours, indicating increased interest from investors.
