đ Fear and Greed Index has Plunged to âExtreme Fearâ Levels.
The panic was triggered by President Donald Trumpâs announcement of sweeping new tariffs, including a 54% rate on Chinese imports. In response, China imposed its own countermeasures, escalating fears of a full-blown global trade war.
⢠Total M.Cap: $2.71T (-9.6% 1m)
⢠S&P 500: $5,073 (-13.5% 1m)
Traditional markets reacted sharply â the Dow Jones fell by over 2,200 points, while the S&P 500 and Nasdaq also posted significant losses. The crypto market followed suit, with total capitalization dropping 4% to $2.7 trillion.