Last night, the U.S. stock market plummeted, triggering a large-scale follow-up collapse in the cryptocurrency circle.
Last week, U.S. consumer data showed that consumers are still worried about future inflation. At the same time, the outlook for future performance in the financial reports of large retailers including Walmart also reflects that the U.S. economy may face weak consumption in the future, and U.S. stocks continue to fall.
Large technology giants are the first to bear the brunt. The stock prices of technology giants with large capital expenditures in artificial intelligence, such as Microsoft, Amazon, Google, and Meta, have all fallen significantly, and Nvidia's stock price has plummeted by more than 3%.
In addition, Trump said that the tariff policy on Canada and Mexico will continue to be implemented, which has also increased investors' concerns.
At present, it is a fact that the overall liquidity of the venture capital market is tight. Any slight disturbance will cause panic trading, but overall, the U.S. stock market is still the biggest weather vane.