At 11:07 on April 24, 2025, BlockBeats reported that on April 24, according to monitoring by the 4E platform, expectations of easing trade tensions have boosted market sentiment. U.S. stocks opened higher on Wednesday, but toward the end of the morning session, U.S. Treasury Secretary commented that it may take two to three years for the two major economies to reach a comprehensive trade agreement, and that Trump would not unilaterally lower tariffs, which suppressed the upward trend of U.S. stocks, with gains retracting by more than half.
By the close, the three major U.S. stock indices all rose to varying degrees, with the S&P 500 index up 1.67%, the Dow Jones Industrial Average up 1.07%, and the NASDAQ Composite up 2.5%. Notably, technology stocks performed well, with both Tesla and Intel seeing gains of over 5%.
In the cryptocurrency market, the upward momentum has slowed. After reaching a high of $94,696 yesterday, Bitcoin has seen a slight pullback, trading at $93,576 before the deadline, with a daily increase of 0.64% and a market cap of $1.86 trillion, making it the eighth largest asset by market cap globally. Meanwhile, Bitcoin spot ETFs have seen net inflows for four consecutive trading days. Most other mainstream tokens are showing an upward trend, with Ethereum striving to maintain a price level above $1,800. The TRUMP coin surged over 40% due to news that top 25 holders could dine with Trump.
In the foreign exchange and commodities markets, news of tariff easing has prompted the U.S. dollar index to rise significantly by 0.96%; news of OPEC+ potentially increasing production has caused oil prices to drop nearly 2%. International gold prices have also fallen sharply, with New York's spot gold price down 2.69% at the close.
News related to tariff policies continues to disrupt global financial markets, with even the slightest progress triggering significant market fluctuations. The current market trend has deviated from fundamental logic, as policy uncertainty has disrupted traditional market signals. Although U.S. stocks have risen for two consecutive days, market sentiment has not truly improved.
eeee.com is a financial platform that supports trading in various assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. Recently, the platform launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential hedging option. 4E reminds investors to be aware of market volatility risks and to allocate assets wisely.
