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4E: U.S. stocks and crypto markets face continued adjustments after the Federal Reserve’s crackdown
Editor
2024-12-20 11:03 5,614
According to news on December 20, according to 4E monitoring, U.S. stocks continued to fall after rising at the beginning of the session on Thursday. Among the three major indexes, only the Dow Jones Industrial Average barely closed up 0.04%, saying goodbye to its first ten-day losing streak since the 1970s. The S&P 500 index closed down. 0.09%, the Nasdaq closed down 0.10%. Cryptocurrency concept stocks generally fell, with MSTR, a "large Bitcoin holder", closing down 6.63%, and Coinbase closing down 2.21%. The crypto market is once again under full pressure. After Bitcoin rebounded from a high of 98,000 to US$102,000 yesterday, it once again started a new wave of decline. The lowest dropped to US$95,700 at around 5 o'clock this morning. The current price of Bitcoin was US$96,812 at the time of writing, 24 hours later. down 3.8%. Ethereum fell below 3,400 US dollars, falling 6.6% in 24 hours. The decline in the counterfeit market was particularly obvious and generally exceeded 10%. The entire crypto market saw a liquidation of US$1.003 billion, and the Bitcoin spot ETF had a net outflow of US$674 million yesterday. Market sentiment is subdued and bearish signals are strengthening. In terms of foreign exchange commodities, the U.S. dollar index rose 0.35%, continuing to hit a new high in more than two years; prudent monetary policy triggered concerns that weak economic activity may weaken oil demand next year, and oil prices fell on Thursday; gold prices fell after rising, and spot gold rose slightly 0.2%. U.S. stocks, gold and crypto markets have generally come under pressure after the Federal Reserve cut interest rates hawkishly and is expected to slow its pace of easing next year. In particular, the crypto market as a whole has suffered a sharp correction in the past two days, indicating that the market has entered a period of deep adjustment and may continue to be under pressure in the short term. However, the market is generally optimistic about the market outlook, believing that this round of adjustments also provides strategic layout opportunities for patient long-term investors. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.
Keywords: Bitcoin
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