Crypto News

American markets delete $ 9.6T as Bitcoin shows some resistance

American markets delete $ 9.6T as Bitcoin shows some resistance

It was a turbulent beginning of April, because global markets have experienced a significant decline, with American capital and cryptocurrencies, react to escalating trade tensions.

The US Stock Exchange has diarrhea Gradually $ 9.6 trillion in the amount of the then inauguration of President Donald Trump in January. It is known that 5 trillions of that drop happened in the last two days, marking the biggest two-day loss on the minutes.

NASDADA COMPOSITE INDEX is on the verge of confirming The bear market, fell over 20% since December 2024. Top 20,173.89.

Also, jpMorgan Chase Now the estimates 60% of the likelihood of a US economic recession.

This sharp drop is attribute to a large extent To the investor concerns after the Trump application of deletion 10% of the tariff on all imports of the United States, specifically affect technical difficult exporters such as China, Taiwan and Vietnam.

In the retaliation, China announced 34% of tariffs on American goods, further exacerbating marks on the market.

A large technician hit hard

Have major technology companies carry the load of these events. Apple actions reduced 12.5% ​​due to the reinforced tariff on Chinese imports, while Tesla saw 37% decline, in the middle of political controversy and declining sales.

Other technological giants, including alphabet, Microsoft, Meta, Amazon and Nvidi, also reported significant losses.

Cript’s instability

The Cripto market was not immunolo on this turmoil. Bitcoin (Btc) fell between 1% and 2% in the last 24 hours, but he bounced and now traded from $ 83,263. This coincided with Chinese relatial tariffs and the sale of a wider market.

Despite the current fall, some investors remain optimistic O Bitcoin’s perspective.

Both short-term and long-term carriers increased their BTC positions since April, signaling continuous confidence in Bitcoin’s resistance in the middle of traditional market instability.

https://crypto.news/app/uploads/2023/02/crypto-markets-red-sell-bear-market.jpeg

2025-04-04 19:02:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button