Weekend market liquidity is generally average, but last night Bitcoin suddenly surged, reaching 107,000 USD, just a step away from a new high.
ETH followed closely, also standing at 2,580 USD, and altcoins experienced a wave of general increase, indicating that funds have returned to the crypto market.
Although Moody's gave the US a credit rating yesterday, causing some panic in the market.
But currently, the impact on Bitcoin seems limited because BTC is decentralized; credit ratings mainly affect traditional finance, while BTC prices are more influenced by supply and demand and market sentiment.
The market fear and greed index remains stable at 71, indicating that market sentiment is relatively stable.
Meanwhile, Trump has also been busy causing a stir, urging Federal Reserve Chairman Powell to lower interest rates quickly, while also requesting Walmart not to raise prices and to absorb the tariff costs on Chinese goods themselves.
In 2024, Walmart's net profit margin is only 2.5%, and if it bears a 10% tariff, profits could be directly halved by 60%!
Walmart will either have to raise prices against requirements or lay off workers or shift production lines, impacting both the supply chain and stock prices.
This policy of wanting low inflation while preventing price increases has left US stock investors feeling confused.
