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@levingood
Global Financial Markets in Turmoil: Crypto and U.S. Stocks Plunge in "Bloodbath" Within 24 Hours, Tariff Storm Triggers Historic Sell-Off U.S. Stocks Crash to Record Lows, Panic Echoes 2008 Crisis Market Collapse: Following two consecutive days of steep declines last week, U.S. stock futures opened sharply lower on April 7, with Nasdaq futures plunging over 5%, S&P 500 futures down nearly 5%, and Dow futures dropping 3.7%. In just two days, $6.6 trillion in market value evaporated, marking the worst quarterly start since 2008. The Nasdaq has entered a technical bear market (down over 20% from its peak). Recession Alarm: JPMorgan raised the probability of a U.S. recession to 60%, while Goldman Sachs warned of a 35% chance within the next 12 months. Analysts caution that prolonged "reciprocal tariffs" under Trump’s policies could push both the U.S. and Europe into recession.
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@levingood
Crypto "Safe Haven Myth" Shatters, 280,000 Traders Wiped Out Bitcoin Plunge: Bitcoin tumbled 7% in 24 hours, briefly dipping below 77,000,whileEthereumcrashed1277,000,whileEthereumcrashed12877 million in crypto positions were liquidated in a single day, leaving 280,000 investors trapped in a "long squeeze." U.S. Treasury Secretary Bassett’s earlier claim that Bitcoin is "the new gold" backfired as skepticism grows over crypto’s避险属性 (safe-haven appeal). On-Chain Data Divergence: Despite the crash, long-term holders remain steadfast, with Bitcoin reserves on exchanges declining. Stablecoin market caps rose against the trend, signaling potential bargain-hunting.
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@levingood
Tariff "Nuclear Bomb" Ignites Global Chaos, Commodities Collapse Policy Shock: Trump’s April 2 announcement of a 10% baseline tariff on all trading partners—with rates as high as 49% for some nations—sparked fears of global supply chain ruptures. Retaliatory tariffs worldwide amplified volatility, stoking fears of stagflation. Commodity Meltdown: WTI crude crashed below 60/barrel(4−yearlow),goldfellunder 60/barrel(4−yearlow),goldfellunder3,000, copper plunged 8% in a day, and traditional safe havens like the yen faltered. Market Chaos Far From Over: What’s Next for Investors? Wall Street’s Gloom: Analysts warn that prolonged tariffs could slash S&P 500 profits by one-third, cripple private fundraising, and trigger a corporate bankruptcy wave. Policy Countdown: U.S. Commerce Secretary confirmed tariffs will take effect on April 9. Markets cling to hopes of an 11th-hour reversal, but the White House remains defiant.
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