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4E: US technology stocks lead the decline, crypto market crashes, gold prices hit high
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3 hours ago 1,965
According to reports on February 25, due to Microsoft's removal of two data centers, Wall Street is concerned that AI infrastructure may face the risk of oversupply, and Trump's claim that tariffs on Canada and Mexico will continue to be carried out, further damaging market confidence. According to 4E monitoring, major U.S. stock indexes rose less and fell more on the same day, with the Dow Jones Industrial Average closing up 0.08%, the S&P 500 closing down 0.50%, and large technology stocks fell collectively, dragging the Nasdaq to close by 1.21%. Crypto markets fell collectively under U.S. stocks, lawmakers in the US South Dakota legislature delayed a vote that could allow the state to invest in Bitcoin, which actually killed the bill and further suppressed market sentiment, with Bitcoin falling below 91,000 The US dollar hit a new low since February and then rebounded slightly, now at $92,245, down 3.77% in 24 hours. Ethereum and altcoins fell sharply. Previously, the market expected Bybit to repurchase ETH to supplement wallet funds, which helped boost the rebound of ETH. Yesterday, the market news has completely bridged through loans, over-the-counter trading and other ETH gaps, and ETH began to fall. This morning, the market led to a decline below $2,500 in the market this morning , 24 hours a day down 11%. Meme momentum cooled, and Solana prices fell below $140 to its lowest since October, down 15% in 24 hours. In terms of foreign exchange bulk, the market is worried about weak US economic growth, and the US dollar index fell 0.07%; the United States announced a new round of sanctions on Iran's oil exports, and international oil prices closed up more than 0.4%; rising safe-haven demand and weakening US dollar supported spot gold to rise more than 0.53% hit a new high, and gold prices have risen by more than 12% this year. Investors are paying attention to the $3,000 mark. The current market sentiment is relatively fragile, and the deadline is approaching. Trump's tariff policies on Canada and Mexico and the U.S. economic data have added signs of weakness, which have made the market full of uncertainty and risk aversion. The next few key events, such as Nvidia's financial report on Wednesday, US GDP data on Thursday, and Fed's favorite inflation indicator PCE data on Friday may affect the market. As a financial trading platform that supports assets such as cryptocurrencies, stock indexes, bulk gold, foreign exchange, etc., eeee.com recently launched USDT stablecoin wealth management products with an annualized yield of 8%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.
Keywords: Bitcoin
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