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4E: US stocks ended in February, Trump called for orders to crypto market soared, focusing on non-farm and crypto summit this week
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10 hours ago 8,600
According to 4E monitoring, due to weak economic data and Trump tariffs, U.S. stocks closed poorly in February, with the Nasdaq leading the decline of nearly 4%, the worst monthly performance since April last year. The S&P 500 fell 1.42% and the Dow Jones fell 1.58%. The seven tech giants fell in the first four days last week, and their stock prices fell collectively and rebounded on Friday. Throughout the week, Tesla's decline reached the largest 13.27%, with Nvidia following behind falling 7.07%, and the market value of the Big Seven evaporated by US$2.2 trillion from its December high. The crypto market fluctuated sharply and fell sharply last week. Affected by US tariff policies, weak macro data, unlocking of SOL institutions and the largest weekly outflow of spot ETFs, Bitcoin hit a low of around $78,000, a new low since November 11 last year. ETH and SOL plummeted, and a large number of altcoins fell to their lowest points in history. Just as the market was extremely panicked, Trump personally "shouted orders" on Sunday and posted a message to promote the inclusion of BTC, ETH, XRP, SOL, and ADA into the national crypto strategic reserves. The market rebounded rapidly when it heard the news, and Bitcoin once exceeded 95,000 US dollars. As of press time, Bitcoin rose 8.5% to $92,969, ETH rose 11% to $2,439, SOL soared 20% to $171, ADA soared 60% to $1.06, and XRP rose 24% to $2.78.
Keywords: Bitcoin
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