#白宫首届加密货币峰会 US stock market plummeted. In addition to the impact of the news about increased tariffs, the poor economic data from the United States is also a significant reason. Former Lehman Brothers trader Larry McDonald believes that Trump is trying to create an economic recession to achieve interest rate cuts and reduce the U.S. government's interest expenses.

According to the GDPNow forecast data from the Atlanta Federal Reserve on March 3, the forecast for the U.S. GDP growth rate in the first quarter of 2025 has plummeted to a contraction of 2.82%. On February 26, the model predicted a growth of 2.32%, and within just five days (2 working days), the U.S. first quarter GDP expectation was rapidly downgraded by 510 basis points.