#冲币新时代 #美国加征关税 #FTX赔付
The cryptocurrency market experienced another pullback last Friday, marking the end of Q1 this year. QCP also released a report summary on its official Telegram channel yesterday (1), indicating that Bitcoin, Ethereum, and the S&P 500 Index all recorded their worst quarterly performances in nearly three years in the first quarter of this year. How will the market change in the future? Let's take a look at what analysts have to say.
Affected by Trump's tariff policies and stubborn inflation in the U.S., the performance of cryptocurrencies and U.S. stocks in Q1 this year has been disappointing. Yesterday (1), QCP also released a report summary on its official Telegram channel stating that Bitcoin, Ethereum, and the S&P 500 Index all had their worst quarterly performances in nearly three years, and the second quarter started under pressure:
Since last Friday, the total market capitalization of the cryptocurrency market has evaporated by over $160 billion, highlighting the severe situation facing the start of the second quarter.
U.S. stocks watch Trump's reciprocal tariffs
After the U.S. stock market opened last night, most investors were focused on Trump's upcoming announcement of a new round of reciprocal tariffs at 2 PM Eastern Time on the 2nd, leading to a quiet market with slight increases in the 4 major indices. Only the Dow Jones Industrial Average fell slightly, closing down 0.03%.
The S&P 500 Index rose by 21.22 points or 0.38%, closing at 5633.07 points. The Nasdaq Index increased by 150.6 points or 0.87%, closing at 17449.89 points. The Philadelphia Semiconductor Index rose by 12.03 points or 0.28%, closing at 4282.46 points.
Bitcoin challenges $85,000
Regarding Bitcoin, last night around 22:00, it quickly dropped to $82,500, but soon rebounded with the opening of the U.S. stock market, reaching a high of $85,555 in the early morning. It is currently challenging to stay above $85,000.
