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4E: Trade tensions ease, US stocks and crypto market continue to rise.
BlockBeats News, on April 24, according to 4E monitoring, the easing of the trade war is expected to boost market sentiment, U.S. stocks opened higher on Wednesday, and the U.S. Treasury Secretary said at the end of early trading that it may take two or three years for the two major economies to reach a comprehensive trade deal, Trump will not unilaterally reduce tariffs, and the rally in U.S. stocks was suppressed, giving back more than half of the gains. At the close, the S&P 500 rose 1.67%, the Dow rose 1.07%, and the Nasdaq rose 2.5%. Technology stocks led the gains, with Tesla and Intel rising more than 5%. The crypto market rally slowed down, Bitcoin hit a high of $94,696 yesterday and then retreated slightly, trading at $93,576 before the deadline, up 0.64% on the day, with a market capitalization of $1.86 trillion, once again ranking among the world's eighth-largest assets by market capitalization, and Bitcoin spot ETFs saw net inflows for four consecutive trading days. Most of the other major coins rose, with Ethereum aiming to hold on to $1,800. TRUMP coin spurred by the news that Top 25 holders can have dinner with Trump, soared by more than 40%. In the foreign exchange market, the easing of tariffs spurred the US dollar index to rise by 0.96%; OPEC+ is likely to increase production further, sending crude oil prices down nearly 2%. International gold prices fell sharply, with spot gold falling 2.69% in late New York trading. News of tariff policy continues to disrupt global financial markets, with the slightest development triggering wild volatility. Market trends are detached from fundamental logic, and policy uncertainty disrupts traditional signals. Although U.S. stocks have risen for two consecutive days, market sentiment has not really improved. eeee.com As a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets, it has recently launched a USDT stablecoin wealth management product with an annualized yield of 8%, providing investors with potential hedging options. 4E reminds you to pay attention to the risk of market volatility and allocate assets reasonably.