4E: Market calmly views Trump's tariff threat, US stock and cryptocurrency markets rebound

律动BlockBeats|Feb 11, 2025 03:43
BlockBeats News: On February 11th, Trump signed an executive order announcing a 25% tariff on steel and aluminum imports from all countries. However, as the news was expected, the market did not have a negative reaction to it. According to 4E monitoring, the US stock market rose across the board on Monday, with strong performance in technology, chip, and AI concept stocks driving the three major indexes to rise together. The Dow Jones Industrial Average rose 0.38%, the S&P 500 index rose 0.67%, and the Nasdaq rose 0.98%. Most large technology stocks have risen, with Nvidia closing up nearly 3% and accumulating over 14% for five consecutive days, basically emerging from the shadow of DeepSeek.
Against the backdrop of a simultaneous rise in the US stock market, the cryptocurrency market has also shown a rebound trend, with Bitcoin rising nearly 2% within 24 hours and currently fluctuating around $97000. Strategy disclosed that it spent $742 million last week to purchase approximately 7633 bitcoins, which also boosted market confidence to some extent. In the second round of decline, Bitcoin showed strong support between $95000 and $98000. Driven by Bitcoin, Ethereum and other altcoins have generally rebounded, the AI sector has rebounded strongly after experiencing a significant decline, and the Meme sector has become active again, becoming the focus of market attention.
In terms of foreign exchange commodities, Trump's tariff threat has escalated trade tensions, causing the US dollar index to rise by 0.26%. Safe haven demand has driven gold to continue its upward trend, with spot gold rising 1.63% to reach a historic high of $2911. The situation in the Middle East has once again escalated, and Russia's oil production has fallen short of expectations, easing market concerns about oversupply and causing oil prices to rise by over 2%.
The market is concerned that tariff policies may exacerbate US inflation, and investors are closely monitoring the hearing of Federal Reserve Chairman Powell on Tuesday, who will give a testimony speech on the semi annual monetary policy report. In addition, the market is also focused on the US January CPI data released on Wednesday and Thursday's PPI inflation data. (eeee. com), as a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, has recently launched a USDT stablecoin wealth management product with an annualized return rate of 5.5%, providing investors with a potential safe haven option. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.
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